Virtual Protocol Price Drop: Lookonchain Reveals Post-Surge Twist

Why Virtual Protocol Price Drop Amid 7-Day Surge? Lookonchain ETH Exit

In a shocking twist that rattled traders, $VIRTUALS has suddenly offloaded a massive amount of Ethereum, just as its token was enjoying a strong uptrend. 

According to on-chain data from Lookonchain, the project swapped 2,880 ETH ($12.67M) for 110.56 Coinbase Wrapped BTC (cBBTC) and sold another 1,800 ETH for $7.93M in Tether (USDT) at $4,406 per Ethereum.

The reaction was instant—The price quickly fell to about $1.25, down 4.47% in the last 24 hours, making holders worry that a bigger Virtual Protocol price drop could be coming.

Momentum Shifts: From Weekly Surge to Sudden Weakness

This Virtual Protocol news has changed the market mood completely. The sell-off came right after the token jumped nearly 14% in the last 7 days, which had earlier made traders very positive about it. But as per the TradingView price chart analysis, the mood flipped fast:

• Current price: $1.239

• 24h trading volume: $131.57M (down 40.05%)

• RSI: 49 — cooling from overbought, turning neutral-bearish

• MACD: Bearish crossover confirms fading momentum

This technical setup reflects a classic post-rally exhaustion — enthusiasm is drying up just as supply pressure increase just after it dumps ETH.

Critical Zones: Watch $1.20 or Risk Deeper Fall

Analysts say the support near $1.20 is very important right now. If the price falls below this level, the Virtual Protocol price analysis shows it could drop further to around $1.10–$1.15.

On the other hand, if the price goes above the resistance at $1.27–$1.30, it could bring back buyer interest and push the price up toward $1.35.

Why Is Virtual Protocol Going Down Today? 3 Reasons

The timing of this ethereum sell for another token raises serious questions. Why would the team convert ETH to cBBTC and USDT right after a successful rally? Possible motives include:

• The team might be booking some profits after the recent price rise.

• They could be collecting funds to use for a future upgrade or exchange listing.

• They may be shifting some funds into Bitcoin to keep their holdings more stable in the long run.

Some traders think this is just risk management before market turbulence, while others worry it shows confidence fading inside the project.

The lack of clarity is feeding uncertainty — and until confirmed, the $VIRTUAL price crash today will remain under the market’s microscope.

Virtual Protocol Price Prediction : Storm or Setup?

If bulls reclaim $1.30 with strong buying, Virtuals Protocol price drop could quickly recover from this shock, so community asking if the coin will surge or not, here’s your clear answer. 

If not, a break below $1.20 support could accelerate the selloff toward $1.10. Either way, today’s price drop after a long week surge has changed the market’s psychology — from chasing upside to bracing for volatility.

Conclusion

The sudden Virtual Protocol price drop has confused many traders, especially after last week’s strong rally that made people hope for a big breakout. Right now, traders are being careful because the token needs to move back above the $1.30 resistance level with strong buying to rebuild trust. 

After the news about the Ethereum sell-off, investors are unsure about what will happen next — this dip could either start a new recovery or turn into a bigger fall.