It’s genuinely frustrating to see what happened with $AI over the last 24 hours. The chart was holding up remarkably well despite terrible market conditions and weak narratives, only for a single entity to decide to completely nuke the price by dumping 2% of the total supply in one go. This could have easily been avoided through an OTC deal, which I and several others I know would have happily taken. This has always been my biggest issue with onchain tokens. You have a handful of entities sitting on significant portions of the supply at relatively low market caps, essentially holding the entire chart hostage. And this is exactly why smart whales hesitate to enter these plays. Nobody wants to provide exit liquidity for someone who can destroy months of price action with a single transaction. You end up attracting gamblers instead of serious capital. I’m personally down over 50% from my entry, and I’m still holding for what’s coming. Whether we eventually revisit the previous ATH around $20M MC or find a bottom somewhere between $40M–$50M MC, my conviction hasn’t changed. But situations like this are incredibly frustrating, especially when they’re completely avoidable.