AI agent platform Virtuals Protocol is now mostly controlled by whales

By: bitcoin ethereum news|2025/05/06 21:45:02
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Virtuals Protocol (VIRTUAL) is one of the hottest recovering tokens, boosting several other AI agents. However, on-chain data shows VIRTUAL has shifted to whale wallets, which control most of the supply. Virtuals Protocol (VIRTUAL) has seen more funds from whales, signaling accumulation in the past weeks. VIRTUAL recovered along with other AI agent tokens and is now about 63% down from its peak after weeks of smart money inflows. The buying interest of VIRTUAL led to a concentration of the token in the hands of top traders and whales. Based on Solana on-chain data, around 93% of VIRTUAL tokens are held in the top 100 wallets. On-chain data from Bubblemaps also shows heightened activity on the Gate.IO exchange, with a cluster of wallets linked to the centralized market for high-frequency transfers. Open interest grows for Virtuals Protocol Virtuals Protocol has drawn in smart money wallets, further solidifying the positioning of whales. A total of 63.7% of VIRTUAL tokens are unlocked, leaving a significant part in large wallets, prepared for long-term unlocks and community rewards. In the past few weeks, new whale accumulation shifted the token distribution toward the larger wallets. Virtuals Protocol raised $16.6M in various funding rounds, with the largest share of fundraising in the form of an IDO on Fjord Foundry. The protocol also held several smaller VC-funded rounds, with no significant team or contributor allocations. VIRTUAL went through a period of increased buying interest, pushing the price to a one-month high above $1.80. The token stepped back to $1.66, still leading the general recovery of the AI agent narrative. Derivative trading for VIRTUAL rose in the past month from its recent lows of $15M. Derivative positions are now worth more than $111M, showing renewed bets in the token’s performance. Currently, long positions are slightly dominant, though there were attempts to short the asset. Derivative trading is independent of the accumulation of VIRTUAL. Traders are still making a speculative bet that the platform will recover and trade in a higher range. VIRTUAL rose on increased activity in April In the past month, activity on Virtuals Protocol picked up after two months of extremely low activity. Activity on Solana remained almost unchanged, but Base users picked up again. In April, active wallets creating and interacting with agent tokens reached 10K daily once again. The AI agent ecosystem is also concentrated in a few top projects, including AIXBT, GAME, SAM, VADER, and LUNA. AVA is another trending token, though with a smaller market capitalization. In total, the value of AI agent tokens is back above $570M . AI agent tokens are also relatively concentrated in a small community. Despite resembling memes, a much smaller circle of owners is bought into these assets. On-chain data shows just 9,792 individual wallets hold AI agent tokens, suggesting whale and insider accumulation. Virtuals Protocol aims at expanding the ability to create agents, yet the ecosystem seems to be made of large-scale projects and is also controlled by whales. Cryptopolitan Academy: Coming Soon – A New Way to Earn Passive Income with DeFi in 2025. Learn More Source: https://www.cryptopolitan.com/virtuals-protocol-controlled-by-whales/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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