#Whale follows Vitalik's lead to buy Milady NFT, sells 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 for 69.08 ETH (approximately $231,000) within 30 minutes, 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 price of this NFT to surge. But the whale's follow-up action ended in a loss, reflecting the significant risk and volatility of the NFT market.

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Analysis

Recently, a whale followed Ethereum founder Vitalik Buterin's lead and bought 14 Milady NFTs, spending 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). 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 follow-the-trend operation ended in a loss, indicating the high risk and uncertainty in the NFT market, and that following the trend is not a wise move.

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Whale who followed Vitalik to buy Milady NFT sold at a loss, losing about $80,000.

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Whale's following Vitalik's behavior may be risky, and investors need to be cautious.

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The price of Milady NFT fluctuates greatly, and there is investment risk.

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Vitalik has a huge influence, and his behavior may trigger market fluctuations.

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