#Whales Follow Vitalik's Lead, Buying Milady NFTs#

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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 the NFTs for 69.08 ETH (approximately $231,000) within 30 minutes, incurring a loss of 25.38 ETH (approximately $80,900). This incident is believed to be a case of the whale "following the trend" set by Vitalik, but ultimately ended in a loss.

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Analysis

Recently, Ethereum founder Vitalik Buterin changed his Twitter profile picture to a Milady NFT, a move that sparked market attention and drove up the price of Milady NFTs. Influenced by Vitalik, a whale purchased 14 Milady NFTs for 94.46 ETH (approximately $312,000) but sold them 30 minutes later for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This event has sparked discussions about Milady NFTs in the market. Some believe that Vitalik's action was the catalyst for the rise in Milady NFT prices, while others believe that the whale's copycat behavior was the main reason for the loss. Currently, the price of Milady NFTs has fallen back, but its future trajectory remains uncertain.

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Classic Views

Vitalik Buterin's influence is huge, and his actions will have a significant impact on the NFT market.

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Following the trend investment is extremely risky, and blind following may lead to huge losses.

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The price of Milady NFT fluctuates dramatically, and there is a high risk of speculation.

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The trading behavior of whales may have a short-term impact on the NFT market, but the long-term value depends on the value of the project itself.

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