隨著聰明的投資者紛紛拋售頭寸，人工智慧代理代幣崩盤

隨著加密貨幣價格下跌和聰明的投資者拋售，追逐人工智慧炒作的加密貨幣投資者可能會陷入困境。

Cryptocurrency investors who piled into AI tokens may now be left holding the bag as prices crash and smart money investors cash out.

隨著價格暴跌和精明的投資者套現，大量湧入人工智慧代幣的加密貨幣投資者現在可能會陷入困境。

Virtuals Protocol (VIRTUAL), among the best-performing cryptocurrencies of 2024, crashed below $3 after shedding 43% from its highest price this year.

虛擬協議 (VIRTUAL) 是 2024 年表現最好的加密貨幣之一，在今年最高價格下跌 43% 後，價格跌至 3 美元以下。

Meanwhile, ai16z (AI16Z), the third-largest Solana (SOL) meme coin, crashed by over 50% from its highs in January. Together, the tokens shed more than $2 billion in market capitalization.

與此同時，第三大 Solana (SOL) 迷因幣 ai16z (AI16Z) 較 1 月的高點暴跌超過 50%。這些代幣的市值合計縮水超過 20 億美元。

While this freefall coincided with the broader crypto crash, a closer look at their on-chain metrics revealed that smart money investors and profit leaders began cashing out their positions.

雖然這種自由落體與更廣泛的加密貨幣崩盤同時發生，但仔細觀察他們的鏈上指標發現，聰明的投資者和利潤領導者開始兌現他們的立場。

Ai16z profit leaders cash out their tokens

Ai16z 利潤領先者兌現他們的代幣

According to Nansen, the most profitable ai16z trader made over $39 million—this individual essentially sold all of their tokens.

根據 Nansen 的說法，最賺錢的 ai16z 交易員賺了超過 3900 萬美元——這個人基本上賣掉了他們所有的代幣。

The third-most profitable buyer made $19 million and sold nearly all of his tokens for a large profit.

利潤排名第三的買家賺了 1900 萬美元，並出售了幾乎所有的代幣以獲得巨額利潤。

While most profitable traders still hold their ai16z tokens, many sold the majority of their holdings to cash in their profits.

雖然大多數獲利的交易者仍然持有他們的 ai16z 代幣，但許多人出售了大部分持有的代幣以兌現利潤。

Another key data point from Nansen showed that smart money investors also dumped their tokens. There are now 80 smart money ai16z investors with 934 million tokens.

南森的另一個關鍵數據點顯示，聰明的投資者也拋售了他們的代幣。現在有 80 位聰明的 ai16z 投資者，擁有 9.34 億代幣。

Back in December, there were 124 of these investors with over 1.24 billion tokens. Nansen defines smart money investors as those who had a long and successful track record in the crypto industry (Bitcoin was first mined in 2009, marking the first decentralized cryptocurrency).

早在 12 月，就有 124 名投資者擁有超過 12.4 億代幣。 Nansen 將聰明的資金投資者定義為那些在加密行業擁有長期成功記錄的人（比特幣於 2009 年首次開採，標誌著第一個去中心化的加密貨幣）。

VIRTUAL price crashes as top holders cash out

隨著頂級持有者套現，虛擬價格暴跌

A similar cashout occurred for the VIRTUAL token, as most of its profit leaders sold their tokens.

VIRTUAL 代幣也發生了類似的套現，因為其大多數利潤領先者都出售了他們的代幣。

LVT Capital, the most profitable investor with over $5.5 million in profits, sold all of its holdings, generating a 4,082% return on its initial investment.

LVT Capital 是最賺錢的投資者，利潤超過 550 萬美元，出售了其所有持股，初始投資回報率為 4,082%。

Many more VIRTUAL investors exited their positions, while smart money investors sold their holdings.

更多的虛擬投資者退出了他們的頭寸，而精明的投資者則出售了他們的股份。

This investor behavior is common in the crypto and stock market industries.

這種投資者行為在加密貨幣和股票市場行業很常見。

Many retail investors tend to follow the fear of missing out (FOMO) when a token begins to rally parabolically. Early investors cash out, and many are left holding the bag.

當代幣開始拋物線式上漲時，許多散戶投資者往往會懷著錯失恐懼（FOMO）的心理。早期投資者套現，許多人仍背負著損失。

A prime example is the recent performance of several top meme coins, such as PNUT, GOAT, Mother Iggy, and Kekius Maximus. As the chart below shows, these tokens initially surged and then crashed as the hype ended.

一個典型的例子是幾個頂級迷因幣最近的表現，例如 PNUT、GOAT、Mother Iggy 和 Kekius Maximus。如下圖所示，這些代幣最初飆升，然後隨著炒作結束而崩潰。

AI agent tokens have seen a surge in interest in recent months as the hype surrounding artificial intelligence continues to grow.

近幾個月來，隨著圍繞人工智慧的炒作不斷增長，人工智慧代理代幣的興趣激增。

Several reports indicate that the AI agent industry is poised for further growth in the near future.

幾份報告表明，人工智慧代理產業預計在不久的將來進一步成長。

One such report estimated that the industry was valued at $5.29 billion in 2024 and is expected to achieve a compound annual growth rate of 40% by 2035.

一份此類報告估計，2024 年該產業估值為 52.9 億美元，預計到 2035 年將達到 40% 的複合年增長率。

Virtuals Protocol hosts several hundred projects, including G.A.M.E, which has a market cap of $212 million, aixbt, valued at $411 million, and Luna, with a market cap of $65.2 million.

Virtuals Protocol 託管著數百個項目，包括市值為 2.12 億美元的 GAME、市值為 4.11 億美元的 aixbt 以及市值為 6520 萬美元的 Luna。