Major Whale Sells AI Agent Tokens at Up to 99% Losses

Major Whale Sells AI Agent Tokens at Up to 99% Losses

A cryptocurrency whale’s liquidation of AI agent tokens at severe losses triggered sharp declines in thinly traded Virtuals-linked markets, exposing liquidity risks in the AI-themed asset sector.

Fact Check
The assessment is based on the extremely high quality and relevance of the primary sources provided. Messari and Arkham are top-tier, authoritative blockchain intelligence and market analysis platforms. Their core function is to provide verifiable on-chain data and research on events exactly like the one described in the statement—tracking whale wallets and analyzing their transactions. Their inclusion as highly relevant and authoritative sources strongly implies that the data to support the statement exists and is verifiable on these platforms. Furthermore, the CoinMarketCap news feed for a specific AI token directly mentions relevant concepts like "whale dominance," indicating that such events are a known and reported phenomenon within this token category.The remaining sources are of low authority and relevance, and they do not contradict the statement; they are simply irrelevant. For instance, the sources about building a trading bot, a social media post, and unrelated news articles about Bitcoin or Ethereum do not offer any conflicting evidence. The absence of contradictory information, combined with the presence of top-tier, highly relevant data and research platforms, makes the statement very likely to be true.
    Reference12
Summary

A major crypto whale sold AI agent-related tokens at losses of up to 99%, recovering only a fraction of the original investment. The portfolio, originally worth $31.12 million, was liquidated for $2.57 million, marking a $28.54 million overall loss. The sell-off covered tokens including AIXBT (91% loss), FAI (92% loss), and NFTXBT (99% loss), and caused sharp declines in thinly traded Virtuals-linked markets, underscoring liquidity vulnerabilities in speculative AI cryptocurrency segments.

Terms & Concepts
  • Whale: An individual or entity that holds a large amount of cryptocurrency, capable of influencing market prices.
  • AI Agent Tokens: Digital assets linked to artificial intelligence-driven blockchain projects or services.
  • NFTXBT: A token that appears to be tied to non-fungible token (NFT) and Bitcoin-related markets.