VIRTUAL's

↗2.33%

weekly gain is catching attention as short sellers pay premiums to hold their bets, signaling potential for a reversal after recent consolidation.

Signs of stabilization emerging

VIRTUAL gained roughly

↗2.33%

over the past week, outpacing the Ethereum Ecosystem category by around

↗7%

over the same period, while trading volume increased approximately

↗60%

over the past month with community sentiment strongly positive.

Traders positioning for next move

Short sellers are paying around 1.21% in premiums to hold their positions, which means they're betting on further declines but paying a cost to do so. Meanwhile, trader positioning has grown, suggesting active interest in where the price heads next.

Strong community foundation

With over 1 million holders and strongly positive community sentiment, VIRTUAL's foundation remains solid despite recent price consolidation, providing support for potential upside.