随着聪明的投资者纷纷抛售头寸，人工智能代理代币崩盘

随着加密货币价格下跌和聪明的投资者抛售，追逐人工智能炒作的加密货币投资者可能会陷入困境。

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

随着价格暴跌和精明的投资者套现，大量涌入人工智能代币的加密货币投资者现在可能会陷入困境。

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

虚拟协议 (VIRTUAL) 是 2024 年表现最好的加密货币之一，在较今年最高价格下跌 43% 后，价格跌至 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.

与此同时，第三大 Solana (SOL) 模因币 ai16z (AI16Z) 较 1 月份的高点暴跌超过 50%。这些代币的市值合计缩水超过 20 亿美元。

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.

虽然这种自由落体与更广泛的加密货币崩盘同时发生，但仔细观察他们的链上指标发现，聪明的投资者和利润领先者开始兑现他们的头寸。

Ai16z profit leaders cash out their tokens

Ai16z 利润领先者兑现他们的代币

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

根据 Nansen 的说法，最赚钱的 ai16z 交易员赚了超过 3900 万美元——这个人基本上卖掉了他们所有的代币。

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

利润排名第三的买家赚了 1900 万美元，并出售了几乎所有的代币以获得巨额利润。

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

虽然大多数盈利的交易者仍然持有他们的 ai16z 代币，但许多人出售了大部分持有的代币以兑现利润。

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.

南森的另一个关键数据点显示，精明的投资者也抛售了他们的代币。现在有 80 位聪明的 ai16z 投资者，拥有 9.34 亿枚代币。

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 名投资者拥有超过 12.4 亿代币。 Nansen 将聪明的资金投资者定义为那些在加密行业拥有长期成功记录的人（比特币于 2009 年首次开采，标志着第一个去中心化的加密货币）。

VIRTUAL price crashes as top holders cash out

随着顶级持有者套现，虚拟价格暴跌

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

VIRTUAL 代币也发生了类似的套现，因为其大多数利润领先者都出售了他们的代币。

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 是最赚钱的投资者，利润超过 550 万美元，出售了其所有持股，初始投资回报率为 4,082%。

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

更多的虚拟投资者退出了他们的头寸，而精明的投资者则出售了他们的股份。

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

这种投资者行为在加密货币和股票市场行业很常见。

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.

当代币开始抛物线上涨时，许多散户投资者往往会怀着错失恐惧（FOMO）的心理。早期投资者套现，许多人仍背负着损失。

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.

一个典型的例子是几个顶级模因币最近的表现，例如 PNUT、GOAT、Mother Iggy 和 Kekius Maximus。如下图所示，这些代币最初飙升，然后随着炒作结束而暴跌。

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

近几个月来，随着围绕人工智能的炒作不断增长，人工智能代理代币的兴趣激增。

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

几份报告表明，人工智能代理行业有望在不久的将来进一步增长。

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.

一份此类报告估计，2024 年该行业估值为 52.9 亿美元，预计到 2035 年将实现 40% 的复合年增长率。

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 托管着数百个项目，包括市值为 2.12 亿美元的 GAME、市值为 4.11 亿美元的 aixbt 以及市值为 6520 万美元的 Luna。