FET Surges 18% Amid AI-Token Rotation and Whale Activity

The price of Artificial Superintelligence Alliance (FET) surged by 18% in a sector-wide AI-token rotation, fueled by whale activity and a risk-on crypto market.

This move was part of a broader trend, where multiple AI tokens, including RENDER, NEAR, TAO, and FET, participated in the latest AI-sector rotation. The increase in price was bigger than any single token, with FET benefiting from its established status as an AI-infrastructure token.

The on-chain data showed unusually strong whale activity and exchange outflows, with two large wallets withdrawing $776K via four transfers between $176K and $208K. This reduced sell-side liquidity and amplified the price impact when a narrative-driven bid arrived.