AICoin AI: Whale’s $20.4M Wipeout Highlights Perils of Speculative Token Markets
A high-stakes gamble on AI agent tokens turned disastrous for a cryptocurrency whale, resulting in a staggering $20.4 million loss. The investor's $23 million portfolio across six tokens collapsed to just $2.58 million—an 88.77% wipeout that underscores the extreme volatility in AI-related crypto assets.
Lookonchain's on-chain analysis reveals the brutal specifics: FAI led losses with a 92.31% decline ($9.87 million), followed by AIXBT's 83.74% drop ($7.81 million). Smaller positions fared no better—POLY plummeted 98.63% while NFTXBT suffered the most extreme single-token crash at 99.13%.
The episode highlights the liquidity risks in speculative token markets. Despite spreading exposure across multiple trending AI projects, the whale's position size amplified losses when exiting illiquid positions. "This might be one of the worst investments ever," observed Lookonchain's analysts in their December 2025 post-mortem.