#Whales Buy Milady NFT, Take Losses and Dump#
Hot Topic Overview
Overview
Recently, a whale spent 94.46 ETH (approximately $312,000) on Ethereum network to purchase 14 Milady NFTs, but sold them all for 69.08 ETH (approximately $231,000) within 30 minutes, losing 25.38 ETH (approximately $80,900). This incident happened after Ethereum co-founder Vitalik Buterin changed his Twitter avatar to a Milady NFT, and is believed to be the whale following Vitalik’s trend. This incident has raised concerns about the popularity and value of Milady NFTs, and also reflects the speculative risks in the NFT market.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and bought 14 Milady NFTs, spending 94.46 ETH (about $312,000). However, the whale sold these NFTs for 69.08 ETH (about $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (about $80,900), a loss rate of 26%. Previously, Vitalik Buterin changed his Twitter profile picture to a Milady NFT, which attracted market attention. The whale may have been influenced by this and followed suit. However, this incident also reflects the high risk and volatility of the NFT market. It is important to be cautious with herd investing and avoid blindly chasing after rising prices or selling at a loss.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's purchase of Milady NFT, but ultimately loses money and cuts losses.
Milady NFT prices fluctuate significantly, presenting a high investment risk.
Following the trend investment is extremely risky, and blind following can lead to losses.
Vitalik has a huge influence, and his actions may have a certain impact on the NFT market.