#Whales Buy Milady NFTs, Then Dump#
Hot Topic Overview
Overview
Recently, a whale followed Vitalik Buterin's lead in changing his Twitter profile picture to a Milady NFT and purchased 14 Milady NFTs for 94.46 ETH (about $312,000). However, the whale sold these NFTs for 69.08 ETH (about $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (about $80,900), a cut of 26%. This event has sparked questions about the sustainability of Milady NFT's hype.
Ace Hot Topic Analysis
Analysis
Recently, a whale made a "following the trend" move on the Ethereum network. After Vitalik Buterin changed his Twitter profile picture to a Milady NFT, the whale spent 94.46 ETH (approximately $312,000) to purchase 14 Milady NFTs. However, the whale sold these NFTs for 69.08 ETH (approximately $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (approximately $80,900). This event has sparked questions about the hype and value of Milady NFTs and reflects how some investors, influenced by market sentiment, tend to make impulsive investment decisions, ultimately leading to losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale followed Vitalik to buy Milady NFT and quickly dumped, resulting in huge losses.
Milady NFT price fluctuates wildly, and there is a risk of following the trend to buy.
Vitalik has a huge influence, and his actions may trigger market fluctuations.
The NFT market has speculative behavior, investors need to invest cautiously.