#Whales bought Milady NFTs, then sold at a loss.#

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Overview

Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 94.46 ETH (approximately $312,000). However, this whale sold these NFTs within 30 minutes for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, which attracted market attention and caused the NFT's price to rise sharply. But this whale's follow-up operation ultimately ended in a loss, reminding investors to be cautious when investing in NFTs and not to blindly follow the trend.

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Analysis

Recently, a whale spent 94.46 ETH (approximately $312,000) to purchase 14 Milady NFTs after Vitalik Buterin changed his Twitter profile picture to a Milady NFT. However, this 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 incident has drawn attention to Milady NFTs and reflects the risk of hype-driven speculation in the NFT market. Some analysts believe that the whale may have been influenced by Vitalik's actions and followed the trend to buy in, but eventually found that the value of Milady NFTs was not as expected, leading them to sell at a loss. This incident also reminds investors to be cautious when investing in NFTs, not to blindly follow trends, and to manage risks effectively.

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Whale followed Vitalik to buy Milady NFT, but eventually sold at a loss.

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Milady NFT price fluctuates greatly, there is risk.

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Vitalik's influence is huge, it may drive the NFT price up in the short term.

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Following the trend investment is extremely risky, be cautious.

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