A Major AI Token Wipeout on Base Chain



One institution's bet on AI agents turned into a cautionary tale. They dumped $23M into various AI-focused tokens on Base, only to exit today at $2.58M—wiping out $20.43M (88.77% loss) in the process.

The breakdown tells the story:
- FAI took the hardest hit: -$9.87M (-92.31%)
- AIXBT: -$7.81M (-83.74%)
- BOTTO: Similar pain across the portfolio

This isn't just about bad timing. It's a stark reminder of the volatility baked into emerging token categories, especially those riding the AI agent hype. Institutional money flowing in and out at these scales can move markets fast—and when sentiment shifts, there's no escape hatch for early movers holding heavy bags.
FAI-11.71%
AIXBT-4.98%
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