A certain VIRTUAL investor/institution transferred 7,958,000 VIRTUAL to Teneo, valued at 13.45 million USD

According to on-chain analyst Yu Jin's monitoring, a certain VIRTUAL investor/institution address (0x0d3…5fa2) transferred 7,958,000 VIRTUAL (worth 13.45 million USD) to the institutional service platform Teneo 8 hours ago.

This address acquired 26,420,000 VIRTUAL through investments in December 2023 and has since transferred all of it out at an average price of 1.54 USD, totaling a value of 40.83 million USD. Platforms like Arkham and Nansen have previously labeled this address as DeFiance Capital, but the CEO of DeFiance Capital has stated that this label is incorrect.