100,000 VeVe Token (VVV) Deposited to Coinbase, First Additional Transfer in 19 Days
Original headline베니스 토큰(VVV) 10만개 코인베이스 입금, 19일 만에 추가 이동
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A wallet holding Venice Token (VVV) deposited 100,000 VVV tokens, worth approximately $2.32 million at the time, to Coinbase on the 1st, marking an additional transfer after 19 days, according to on-chain analyst Ai Yi as cited by Odaily. The wallet's average deposit price across its cumulative exchange deposits of 663,400 VVV tokens is $21.53 per token, while the latest batch was acquired at $3.77 per token. The address is suspected of having sold $14.28 million worth of VVV since June 2026, implying potential realized profits of around $11.79 million. The deposit to a major US exchange like Coinbase suggests possible sell-side pressure ahead, and watchers should track whether the wallet makes further deposits or the tokens are actually sold on the exchange.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
VVV, Coinbase (COIN), Ai 姨
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