#Whale buys Milady NFT at the peak, sells at a loss#

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Overview

Recently, a whale spent 94.46 ETH ($312,000) on 14 Milady NFTs after Vitalik Buterin changed his Twitter profile picture to a Milady NFT. The whale then sold the NFTs for 69.08 ETH ($231,000) within 30 minutes, resulting in a loss of 25.38 ETH ($80,900). This event is believed to be the whale following Vitalik's lead in buying Milady NFTs, ultimately ending in a loss.

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Analysis

Recently, a whale made a "follow 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 buy 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 discussions about the popularity and value of Milady NFTs, as well as the risks of "following the trend" in the market. Some analysts believe that the whale's "follow the trend" move may be related to Vitalik's actions, while others argue that it could be just the whale's personal investment strategy and not necessarily indicative of the overall market trend.

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Classic Views

Whale follows Vitalik's lead and buys Milady NFT, but ultimately sells at a loss.

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Whale following behavior may be risky, so invest cautiously.

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The price of Milady NFT fluctuates greatly, and there may be bubble risk.

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Vitalik has a huge influence and may drive short-term fluctuations in the NFT market.

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