A whale has deposited 732,481 VVV to Coinbase, worth $3.03 million

BlockBeats News, February 16th, according to OnchainLens monitoring, in the past 24 hours, a whale deposited a total of 732,481 Base Layer AI token VVV into Coinbase, worth $3.03 million, realizing a profit of $1.77 million. The whale initially withdrew 763,725 VVV from Coinbase, worth $1.56 million at the time, and sold it after staking for 6 months.

Previously reported, the Base Layer AI token VVV's market cap surpassed $530 million, hitting a recent high, with a 24-hour trading volume of $26.6 million.

BlockBeats reminds users that Meme coins often lack practical use cases, have significant price fluctuations, and investment should be approached with caution.