#Whales bought Milady NFTs but then sold them at a loss.#
Hot Topic Overview
Overview
Recently, a whale purchased 14 Milady NFTs for 94.46 ETH (approximately $312,000) after Vitalik Buterin changed his Twitter profile picture to a Milady NFT. 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 incident has sparked questions about the sustainability of the hype surrounding Milady NFTs and serves as a reminder for investors to be cautious when following trends and avoid blindly following them to prevent losses.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Vitalik Buterin's lead in changing his Twitter profile picture to a Milady NFT, spending 94.46 ETH ($312,000) on 14 Milady NFTs. However, this whale sold these NFTs for 69.08 ETH ($231,000) within 30 minutes, resulting in a loss of 25.38 ETH ($80,900). This event sparked discussions about the authenticity of the hype surrounding Milady NFTs and the risks of following the trend in investment. Some analysts believe that the whale's bandwagoning behavior reflects the market's overhype of Milady NFTs, while its quick dumping indicates a lack of market confidence in the project. This event also serves as a reminder to investors to carefully assess the value of projects before investing in NFTs, avoiding blind following and preventing investment losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's lead and buys Milady NFT, but ultimately cuts losses
Milady NFT's price fluctuates significantly, posing risks
Following the trend of investment is risky, proceed with caution
Vitalik's influence is enormous, his actions can trigger market fluctuations