diff --git a/.yarn/versions/5d3e3f4c.yml b/.yarn/versions/5d3e3f4c.yml
new file mode 100644
index 000000000000..b9ef967a4a38
--- /dev/null
+++ b/.yarn/versions/5d3e3f4c.yml
@@ -0,0 +1,23 @@
+releases:
+  "@yarnpkg/cli": patch
+  "@yarnpkg/plugin-essentials": patch
+
+declined:
+  - "@yarnpkg/plugin-compat"
+  - "@yarnpkg/plugin-constraints"
+  - "@yarnpkg/plugin-dlx"
+  - "@yarnpkg/plugin-init"
+  - "@yarnpkg/plugin-interactive-tools"
+  - "@yarnpkg/plugin-nm"
+  - "@yarnpkg/plugin-npm-cli"
+  - "@yarnpkg/plugin-pack"
+  - "@yarnpkg/plugin-patch"
+  - "@yarnpkg/plugin-pnp"
+  - "@yarnpkg/plugin-pnpm"
+  - "@yarnpkg/plugin-stage"
+  - "@yarnpkg/plugin-typescript"
+  - "@yarnpkg/plugin-version"
+  - "@yarnpkg/plugin-workspace-tools"
+  - "@yarnpkg/builder"
+  - "@yarnpkg/core"
+  - "@yarnpkg/doctor"
diff --git a/packages/acceptance-tests/pkg-tests-specs/sources/commands/info.test.ts b/packages/acceptance-tests/pkg-tests-specs/sources/commands/info.test.ts
index 213430293918..fc3d3c92eb59 100644
--- a/packages/acceptance-tests/pkg-tests-specs/sources/commands/info.test.ts
+++ b/packages/acceptance-tests/pkg-tests-specs/sources/commands/info.test.ts
@@ -61,6 +61,26 @@ describe(`Commands`, () => {
       }),
     );
 
+    test(
+      `it should report virtual locators for nested virtual dependencies`,
+      makeTemporaryEnv({
+        dependencies: {
+          [`peer-deps-lvl0`]: `1.0.0`,
+        },
+      }, async ({path, run, source}) => {
+        await run(`install`);
+
+        const {stdout} = await run(`info`, `peer-deps-lvl1`, `--recursive`, `--virtuals`, `--json`);
+        const data = stdout.match(/.*\n/g)!.map(line => JSON.parse(line));
+        const base = data.find(entry => entry.value === `peer-deps-lvl1@npm:1.0.0`);
+
+        expect(base.children.Dependencies).toEqual([{
+          descriptor: `peer-deps-lvl2@npm:1.0.0`,
+          locator: expect.stringMatching(/^peer-deps-lvl2@virtual:/),
+        }]);
+      }),
+    );
+
     test(
       `it shouldn't print info for other workspaces by default`,
       makeTemporaryEnv({
diff --git a/packages/plugin-essentials/sources/commands/info.ts b/packages/plugin-essentials/sources/commands/info.ts
index 3f728d60ed3f..b405885c24ae 100644
--- a/packages/plugin-essentials/sources/commands/info.ts
+++ b/packages/plugin-essentials/sources/commands/info.ts
@@ -1,10 +1,10 @@
-import {BaseCommand, WorkspaceRequiredError}                                                                                                                          from '@yarnpkg/cli';
-import {Configuration, Project, structUtils, Workspace, LocatorHash, Package, formatUtils, miscUtils, Locator, Cache, FetchOptions, ThrowReport, Manifest, treeUtils} from '@yarnpkg/core';
-import {xfs}                                                                                                                                                          from '@yarnpkg/fslib';
-import {Command, Option, Usage, UsageError}                                                                                                                           from 'clipanion';
-import mm                                                                                                                                                             from 'micromatch';
+import {BaseCommand, WorkspaceRequiredError}                                                                                                                                                 from '@yarnpkg/cli';
+import {Configuration, Project, structUtils, Workspace, LocatorHash, Package, formatUtils, miscUtils, Locator, Cache, FetchOptions, ThrowReport, Manifest, treeUtils, IdentHash, Descriptor} from '@yarnpkg/core';
+import {xfs}                                                                                                                                                                                 from '@yarnpkg/fslib';
+import {Command, Option, Usage, UsageError}                                                                                                                                                  from 'clipanion';
+import mm                                                                                                                                                                                    from 'micromatch';
 
-import {Hooks}                                                                                                                                                        from '..';
+import {Hooks}                                                                                                                                                                               from '..';
 
 // eslint-disable-next-line arca/no-default-export
 export default class InfoCommand extends BaseCommand {
@@ -180,9 +180,13 @@ export default class InfoCommand extends BaseCommand {
         };
       });
 
-      const sortedLookup = miscUtils.sortMap([...lookupSet], pkg => {
-        return structUtils.stringifyLocator(pkg);
-      });
+      const sortedLookup = miscUtils.sortMap([...lookupSet], [
+        pkg => structUtils.stringifyLocator(structUtils.isVirtualLocator(pkg)
+          ? structUtils.devirtualizeLocator(pkg)
+          : pkg),
+        pkg => structUtils.isVirtualLocator(pkg) ? `1` : `0`,
+        pkg => structUtils.stringifyLocator(pkg),
+      ]);
 
       const selection = sortedLookup.filter(pkg => {
         return matchers.length === 0 || matchers.some(matcher => matcher(pkg));
@@ -225,6 +229,7 @@ export default class InfoCommand extends BaseCommand {
 
     const infoTreeChildren: treeUtils.TreeMap = {};
     const infoTree: treeUtils.TreeNode = {children: infoTreeChildren};
+    const dependencyData = new Map<LocatorHash, Map<IdentHash, {descriptor: Descriptor, locator: Locator | null}>>();
 
     const fetcher = configuration.makeFetcher();
     const fetcherOptions: FetchOptions = {project, fetcher, cache, checksums: project.storedChecksums, report: new ThrowReport(), cacheOptions: {skipIntegrityCheck: true}};
@@ -353,18 +358,41 @@ export default class InfoCommand extends BaseCommand {
       }
 
       if (pkg.dependencies.size > 0 && !isVirtual) {
-        registerData(`Dependencies`, [...pkg.dependencies.values()].map(dependency => {
+        const dependencies = new Map([...pkg.dependencies.values()].map(dependency => {
           const resolutionHash = project.storedResolutions.get(dependency.descriptorHash);
 
           const resolution = typeof resolutionHash !== `undefined`
             ? project.storedPackages.get(resolutionHash) ?? null
             : null;
 
-          return formatUtils.tuple(formatUtils.Type.RESOLUTION, {
+          return [dependency.identHash, {
             descriptor: dependency,
             locator: resolution,
-          });
+          }] as const;
         }));
+
+        dependencyData.set(pkg.locatorHash, dependencies);
+        registerData(`Dependencies`, [...dependencies.values()].map(dependency => {
+          return formatUtils.tuple(formatUtils.Type.RESOLUTION, dependency);
+        }));
+      }
+
+      if (isVirtual) {
+        const base = structUtils.devirtualizeLocator(pkg);
+        const baseDependencies = dependencyData.get(base.locatorHash);
+
+        if (typeof baseDependencies !== `undefined`) {
+          for (const dependency of pkg.dependencies.values()) {
+            const baseDependency = baseDependencies.get(dependency.identHash);
+            if (typeof baseDependency === `undefined`)
+              continue;
+
+            const resolutionHash = project.storedResolutions.get(dependency.descriptorHash);
+            baseDependency.locator = typeof resolutionHash !== `undefined`
+              ? project.storedPackages.get(resolutionHash) ?? null
+              : null;
+          }
+        }
       }
 
       if (pkg.peerDependencies.size > 0 && isVirtual) {