#Whales bought into Milady NFTs, only to sell at a loss.#
Hot Topic Overview
Overview
Recently, a whale purchased 14 Milady NFTs for 94.46 ETH ($312,000) after Vitalik Buterin changed his Twitter profile picture to a Milady NFT. However, the whale sold these NFTs for 69.08 ETH ($231,000) within 30 minutes, incurring a loss of 25.38 ETH ($80,900). This incident has sparked attention towards Milady NFTs, highlighting the risks of following the herd mentality among some investors.
Ace Hot Topic Analysis
Analysis
Recently, a whale bought 14 Milady NFTs after Vitalik Buterin changed his Twitter avatar to a Milady NFT, spending 94.46 ETH (about $312,000). However, the whale sold all of these NFTs within 30 minutes for 69.08 ETH (about $231,000), resulting in a loss of 25.38 ETH (about $80,900). This event has sparked discussions about the hype and value of Milady NFTs, and also reflects the risks of following the trend in the market. While Vitalik Buterin's move has drawn market attention to Milady NFTs, the whale's follow-up purchase and quick sale indicate that the market's enthusiasm for Milady NFTs may be short-lived, and their value may be inflated.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's lead in buying Milady NFTs, but eventually sells at a loss.
Whale following behavior may involve risks, and investors should be cautious.
Vitalik's purchase may lead to a short-term rise in the price of Milady NFTs, but it does not necessarily indicate long-term value.
The NFT market is highly volatile, and investors should invest cautiously and avoid following the trend.