#Whale losses and sell-offs follow the trend.#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 94.46 ETH (about $312,000). However, the whale sold these NFTs within 30 minutes for 69.08 ETH (about $231,000), resulting in a loss of 25.38 ETH (about $80,900). This incident has raised concerns about hype and speculation in the NFT market, reminding investors to be cautious when investing in NFTs and avoid blindly following the trend.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs for 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). This incident has raised concerns about hype and speculation in the NFT market, reflecting the extreme volatility and high risks associated with NFT prices. Following Vitalik Buterin's purchase of Milady NFTs, the price of these NFTs surged, attracting a large number of investors to follow suit. However, as market enthusiasm waned, NFT prices quickly fell, resulting in losses for those who followed the trend. This incident serves as a reminder for investors to exercise caution when investing in NFTs, avoid blindly following trends, and implement proper risk management measures.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale followed Vitalik to buy Milady NFT, but suffered losses and cut positions in a short period of time, indicating the high risk of following the trend.
Vitalik's personal actions have had a significant impact on the NFT market, triggering a trend of follow-up investments.
The price of Milady NFT has fluctuated drastically, with a sharp decline in a short period of time, reflecting the bubble risk in the NFT market.
The whale's follow-up behavior may lead to short-term fluctuations in the market, but cannot change the fundamentals of the NFT market.