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Though J.D. Vance and Ted Cruz have been much discussed for their cryptocurrency – and primarily Bitcoin (BTC) – holdings, they have been far from the most prolific digital assets traders among U.S. politicians. Representative Mike Collins of Georgia’s 10th congressional district has been an active cryptocurrency trader with an affinity for altcoins and meme coins. Since late 2023, he has reported dozens of trades involving coins and tokens such as Ethereum (ETH), Velodrome (VELO), and Aerodrome (AERO). As the latest filings retrieved with Finbold’s Congressional trading tracker – and as Finbold’s earlier coverage – revealed, Collins has been active in the cryptocurrency market in 2025 as well, and his latest three trades – all reported on February 3 – involved ETH and Virtuals Protocol (VIRTUAL). Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Specifically, the Representative purchased up to $15,000 worth of ETH and up to $15,000 of VIRTUAL on January 3. Though he, by press time, retains the Ethereum, he sold Virtuals Protocol already on January 12. Did Representative Collins sell VIRTUAL on the worst possible day? The VIRTUAL trade might be one of his worst to date as the cryptocurrency was trading at approximately $4.30 on January 3 and collapsed to about $2.70 by January 12 – though it is worth pointing out there were substantial price fluctuations within both days. Had Representative Collins held the position – worth up to $15,000 – for several days longer, he could have offloaded VIRTUAL near his buying price. The cryptocurrency reached a temporary high above $3.80 on January 15. VIRTUAL YTD price chart. Source: FInbold On the other…

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Filed under: News - @ February 4, 2025 5:23 pm