#Whales bought Milady NFTs, but cut their losses.#
Hot Topic Overview
Overview
Recently, a whale followed in the footsteps of Ethereum founder Vitalik Buterin, purchasing 14 Milady NFTs for 94.46 ETH (approximately $312,000). However, within 30 minutes, the whale sold these NFTs 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, generating market attention and causing the NFT's price to surge. But the whale's follow-up operation ultimately ended in a loss, serving as a reminder for investors to be cautious when investing in NFTs and avoid blindly following the crowd.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin, spending 94.46 ETH (approximately $312,000) to purchase 14 Milady NFTs. However, this transaction only lasted for 30 minutes, and the whale sold these NFTs for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This incident has raised questions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter profile picture to a Milady NFT, attracting market attention and driving up the price of Milady NFTs. However, the whale's impulsive purchase and quick sell-off suggest that the market's enthusiasm for Milady NFTs may be a bubble, and their value may be inflated. This event also reminds investors to stay rational when investing in NFTs, avoid blindly following the crowd, and carefully evaluate the true value of the project.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale
followed
Vitalik
to
buy
Milady
NFT
but
eventually
lost
money
and
sold
it
at
a
loss
Milady
NFT
price
fluctuates
greatly
and
there
are
risks
Vitalik
has
a
huge
influence
and
his
actions
may
trigger
market
following
the
NFT
market
exists
speculative
behavior
and
investments
should
be
made
with
caution