[Virtualsprotocol (Virtual) Fell 12% Due To A $7.8 Million Sell-off, And Market Participation Declined Significantly]Background Information: Virtuals Protocol (Virtual) Fell 12.03% In The Past 24 Hours, From $1.56 To $1.37, Continuing The Overall Downward Trend In June. Although The Token Still Maintains A 106% Increase In The 90-day Altseason Index, Recent Geopolitical Tensions, Especially The US-Israel Air Strikes On Iran, Have Led To Increased Market Volatility. Main Events:- Spot Trading Activity Has Declined On Both Centralized And Decentralized Exchanges, Reflecting Weakening Investor Interest.- The Funding Rate On The Bybit Exchange Turned Negative (-6.0%), Indicating That Most Traders Are Shorting Virtual.- The On-chain Protocol Aerodrome Finance Withdrew $7.3 Million Worth Of Virtual Liquidity, Indicating That Liquidity Providers Are Eager To Adjust Their Positions To Avoid Risks.- The Number Of Active Addresses Fell To 6,300, The Lowest Level Of The Month, Indicating A Decline In Market Participation. Potential Impact: With Rising Global Tensions And A Broad Sell-off In Speculative Assets, Virtual's Near-term Outlook Remains Fragile And Its Ranking In The 90-day Index Could Fall Further If The Trend Persists