Wallet Deposits 100,908 VVV to Coinbase With More Than $9.848M Profit

A wallet with an estimated cost basis of $3.77 per VVV deposited another 100,908 VVV to Coinbase, with its estimated profit on the asset exceeding $9.848 million.

The deposit occurred at about 6:24 p.m. ET Monday (22:24 UTC Monday), roughly three hours before the report documenting the transaction. The tokens were valued at approximately $2.34 million.

Over the past four months, the wallet has deposited a cumulative 562,000 VVV at an average price of $21.26. Those tokens have a total value of about $11.97 million.

If sold, the position would represent an estimated 464% return based on the reported figures.