#Whale buys Milady NFT and takes a loss#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and bought 14 Milady NFTs, spending 94.46 ETH (approximately $312,000). However, this whale sold these NFTs within 30 minutes for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). Previously, Vitalik Buterin had changed his Twitter profile picture to a Milady NFT, drawing market attention and causing a surge in the NFT's price. However, this whale's follow-the-trend 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'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). This incident has sparked questions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter profile picture to a Milady NFT, drawing market attention and driving up the price of Milady NFTs. However, the whale's follow-up operation ended in a loss, indicating that blind following is not a wise move. It also reminds investors to be cautious when investing in NFTs and to avoid chasing price increases and selling during price drops.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Following the purchase of Milady NFTs poses a risk, which may lead to losses.
Vitalik Buterin's purchase may have triggered a herd effect.
The price of Milady NFTs fluctuates significantly, posing a high investment risk.
Whale following may lead to a short-term bubble in the market.