#Whales Sell Milady NFTs Amidst the Downturn#
Hot Topic Overview
Overview
Recently, a whale followed Vitalik Buterin's lead by changing his Twitter profile picture to a Milady NFT and spent 94.46 ETH ($312,000) to purchase 14 Milady NFTs. However, he sold them 30 minutes later for 69.08 ETH ($231,000), resulting in a loss of 25.38 ETH ($80,900). This incident has drawn attention to Milady NFTs and highlighted the risks of hype-driven trading in the NFT market.
Ace Hot Topic Analysis
Analysis
Recently, a whale made a "follow-the-trend" move on the Ethereum network, spending 94.46 ETH (approximately $312,000) to buy 14 Milady NFTs. However, within just 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). This incident stemmed from Ethereum founder Vitalik Buterin changing his Twitter profile picture to a Milady NFT, generating market attention towards the NFT project and driving up prices. However, the whale's "follow-the-trend" operation ultimately ended in a loss, reflecting the extreme volatility of the NFT market. Investors should operate cautiously and avoid blindly following trends.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's lead to buy Milady NFT, but eventually sells at a loss.
Vitalik's influence is enormous and can drive fluctuations in the NFT market.
Milady NFT prices are volatile and risky.
Following the trend in investment is risky and requires careful decision-making.