Inactive address reactivates after 11 months, driving VVV price surge

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An inactive address, 0xc1e7, reappeared after 11 months and triggered a sharp surge in VVV. The address deposited 678,500 USDC and established a 78,700 VVV long position within 21 minutes, accounting for 86.52% of its final position. VVV rose from $19.53 to $24.56 within an hour, as the address increased its position using 3x leverage. The price later reached $29.45 on Hyperliquid, resulting in a 56.13% gain and $914,000 in unrealized profit. As of the report, the address holds 90,940 VVV, valued at $2.36 million, with a $599,200 realized profit. VVV remains among the top altcoins to watch amid shifting market sentiment and a rising Fear & Greed Index.

Huo Xing Finance reports: On September 9, according to TradingBeats monitoring, address 0xc1e7 ceased trading XPL and HYPE contracts on October 13 following last year’s “1011 crash,” and did not trade any cryptocurrency contracts for the next 11 months—until depositing funds unexpectedly last night and taking a large early position in VVV. On September 8 at 21:38, the address deposited approximately 678,500 USDC and began going long on VVV just 2 minutes and 14 seconds later, with the first trade executed at $18.86. By 21:59, it had established a long position of approximately 78,700 VVV, accounting for 86.52% of its final position. VVV then accelerated sharply, rising from around $19.53 to a peak of $24.56 between 22:00 and 23:00, achieving a maximum intraday gain of approximately 25.7% within one hour. The address continued adding to its position during the rally, completing its final build-up at 22:33 with a total holding of 90,940 VVV at 3x leverage and an average entry price of $19.39. Today, VVV reached a high of $29.45 on Hyperliquid, up approximately 56.13% from its initial entry price, at one point generating an unrealized profit of about $914,000—a return of 155.4%. As of publication, the address has not reduced its VVV position; the current holding value is approximately $2.36 million, with an unrealized profit of $599,200.

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