$31,120,000 chasing AI, only 2.57 million left💀｜Whale suffers a 92% loss, AI agency bubble officially bursts?

According to Yu Yan Monitoring, a major whale at the beginning of the year during the hottest phase of AI Agent (AI 代理), spent 31.12 million USD to buy various AI concept tokens, becoming one of the firm believers in the "AI + Crypto" narrative at the time. But reality is very cruel—
This morning, the whale chose to completely liquidate and cut losses, only recovering 2.57 million USD,
The actual loss amounts to 28.54 million USD, a retracement of -92%.
📉 One sentence summary: It’s not that they didn’t bottom out, but that they directly bought into the “AI concept graveyard.” This incident at least reveals three issues:
1️⃣ AI ≠ AI Token
At the beginning of the year, the market was炒的是“想象力” (focused on imagination), not cash flow.
Most AI agency projects: no users, no revenue, no real implementation
Yet they enjoyed top-tier narrative premiums.
2️⃣ Whales can also be harvested by narratives
Stop believing that “smart money is always right.”
Entering at the most euphoric moments,
The larger the volume, the harder it is to fully retreat.
3️⃣ When the tide goes out, you see who’s swimming naked
When BTC no longer drives the market and liquidity tightens,
The first to collapse are always:
👉 Overvalued + Low realisation + Pure story tracks.
🧠 Practical advice for retail investors: Don’t hold heavy positions at narrative peaks. Talking about stories ≠ being able to survive cycles. Real AI infrastructure, computing power, platform protocols, and projects that “ride the AI name” are not the same species.
📌 Remember this whale’s tuition:
31.12 million → 2.57 million
The market never lacks stories; what’s lacking are those who can exit alive.
#AI代理 #AI概念币 #加密市场 #币圈故事 #巨鲸动向