Veil Token (VEIL), a privacy-focused virtual currency that prioritizes anonymity, security, and users’ economic growth, is attracting attention among virtual currency market participants. According to data shared today by market analyst Lookonchain, whales have been accumulating VEIL over several days. According to the data, traders have so far spent $504,000 to purchase 1.47 million VEIL tokens in the past three days. The consistent acquisition of coins by traders over three days not only raises eyebrows and questions about the digital asset, but also indicates positive expectations for the Veil Token project.
Influencer @Cupseyy spent $5.04 million to purchase VEIL for $1.47 million in the last three days.
Cupsey had made more than $606,000 so far.
address:
2fg5QD1eD7rzNNCsvnhmXFm5hqNgwTTG8p7kQ6f3rx6f pic.twitter.com/Nk3THUgBiV— Lookonchain (@lookonchain) November 29, 2025
Understand Veil Tokens and their Demand
This whale activity is an important indicator of market trends and growth potential of the token. This trader currently holds 1.47 million VEIL tokens and has made over $606,000 in profits by buying low and selling high. This shows the high growth potential of cryptocurrencies.
According to on-chain data, Veil Token (also commonly referred to as Veil Cash) is a privacy-centric cryptocurrency built on a base layer 2 network that provides users with financial anonymity and confidentiality during transactions. Web3 users increasingly value privacy, viewing it as a necessity rather than a feature. This explains the recent market rally among emerging privacy-preserving cryptocurrencies such as Session Token (SESH), Umbra (UMBRA), and Minotari (XTM). These were the best-performing tokens in the privacy coin sector late last week, with gains of 215%, 158%, and 31.9%, respectively.
Veil Token price is $0.09572.
Privacy coins like Veil Token (VEIL) keep the transaction details of senders and receivers private, offering a higher degree of anonymity than pseudonymous cryptoassets like Bitcoin (BTC).
Trader’s strategic bet on VEIL
Despite VEIL’s current market downturn, traders’ latest token purchases highlight bullish confidence in the asset’s long-term capabilities. Bale’s price has fallen by 4.4% and 11.1% in the past 24 hours and this week, respectively, and is currently priced at $0.09672, highlighting its weakness.
The decision to buy and hold the asset shows confidence that the undervalued token has significant market potential. Whales like this trader often influence market trends, as their trades are typically placed before large price movements, creating opportunities for other traders to take advantage of market volatility.
