#Whale follows Vitalik's lead and sells NFT at a loss#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 94.46 ETH (approximately $312,000). 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). Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, drawing market attention and causing the NFT project's price to surge. However, the whale's follow-up operation ultimately ended in a loss, reminding investors to be cautious when investing in NFTs and avoid blindly following trends.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin, spending 94.46 ETH ($312,000) to purchase 14 Milady NFTs. However, the whale sold these NFTs for 69.08 ETH ($231,000) within 30 minutes, resulting in a loss of 25.38 ETH ($80,900). Previously, Vitalik Buterin changed his Twitter profile picture to a Milady NFT, which attracted market attention. The whale may have been influenced by this and followed suit, but ultimately failed to profit. This incident reflects the high volatility of the NFT market, and investors should be cautious about following the trend and avoid blind investment.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's lead and buys Milady NFT, but quickly sells at a loss, indicating that the market enthusiasm for Milady NFT may be a bubble.
Vitalik's move may have triggered a short-term hype in the market for Milady NFT, but ultimately the price will still depend on market supply and demand.
The whale's loss-making sale may reflect the market's short-term speculative behavior towards Milady NFT, not a long-term value investment.
The price of Milady NFT fluctuates significantly, investors should be cautious and avoid blindly following the trend.