VVV Smart Money Wallet Sees $588K Profit Amid Bullish Chart Structure
The VVV smart money wallet has realized a significant profit of $588,000 by offloading 81,250 tokens. The tokens were bought at an average price of $16.69 during the August-September run.
According to on-chain data, the wallet deposited 44.8% of its remaining holdings to Coinbase and left $747,000 unrealized on the rest for a total gain of $1.335 million.
The price action on the 4h chart is currently at $24.22 within the Bollinger Bands, with an upper resistance at $29.21 and lower support at $17.54. The 50-EMA at $20.69 and 200-EMA at $16.67 continue to anchor the bullish structure.