#Whales bought into Milady NFTs, then dumped them at a loss.#
Hot Topic Overview
Overview
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). This incident raises questions about the sustainability of Milady NFT's hype and serves as a reminder for investors to be cautious when following trends and avoid blind speculation leading to losses.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 94.46 ETH (approximately $312,000). 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). Before the event, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, drawing market attention and causing the NFT's price to surge in the short term. However, the whale's follow-the-trend move ultimately ended in a loss, reflecting the extreme volatility of the NFT market and the high risks of following the trend. Investors should be cautious.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale followed Vitalik to buy Milady NFT, but ultimately cut losses.
Milady NFT price fluctuates significantly and carries risk.
Following the trend in investment carries risk, make decisions cautiously.
Vitalik has a huge influence and his actions may trigger market fluctuations.