Dear friends in the blockchain community, were you awakened by the market alert at 3 AM? While you are still lost in sweet dreams, a storm capable of shaking the crypto world is happening — the core token of the Fetch.ai ecosystem, FET, has suddenly encountered an epic sell-off, plunging 23% in a single day, and this is just the tip of the iceberg!

Last night at 11:56 PM, as I was staring at the liquidation orders on TradingView, my pupils shook: DWF Labs, a $30 million whale that had been silent for half a year, suddenly dumped 3 million FET in one go on Bitget! What’s even scarier is that this is just the "appetizer" of its sell-off plan — over the past two months, it has already dumped 5 million tokens, equivalent to half of the project's early private placement!

(Pay attention) Here comes the key point: these tokens had a cost price as high as $1,185, but now they are being liquidated for less than $1, resulting in a loss of over 99%! What shocking secret lies behind this suicidal sell-off? Could it be that the AI sector is really about to cool down?

Let me take you back three months. When the entire market was still fervently optimistic about the AI revolution, Fetch.ai, with its concept of "the world's first AI-driven decentralized computing network," had once skyrocketed FET to $4.8. But the reality is far more brutal — the project team has yet to announce any substantial progress, and the so-called "million-node plan" has long become a joke. And today’s whale divestment undoubtedly delivers the final blow to this struggling project!

(Exclusive in-depth analysis) Through on-chain data analysis, three dangerous signs have been discovered:

1️⃣ Bull liquidation wave: Over 230,000 FET were forcibly liquidated in the past 72 hours.

2️⃣ Fund exodus: Traditional capital like BlackRock quietly reduced holdings by 12% last week.

3️⃣ Underlying collapse: The activity of the computing network has plummeted by 87%, leaving only bots to inflate the rankings.

You might be asking: Since the project is already falling apart, why are early investors still hanging on? The answer lies in their recent actions — they are frantically cashing out through Layer2 staking protocols, which precisely confirms my warning from last week: "After the AI bubble bursts, the first to flee are always the big players!"

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