#Whales are following Vitalik's lead and buying Milady NFTs.#

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Overview

Recently, Ethereum founder Vitalik Buterin changed his Twitter avatar to a Milady NFT, which sparked market attention. Subsequently, a whale followed Vitalik's lead and purchased 14 Milady NFTs for 94.46 ETH ($312,000), but sold them within 30 minutes for 69.08 ETH ($231,000), resulting in a loss of 25.38 ETH ($80,900). This incident reflects the market's enthusiasm for Milady NFTs but also exposes the risks of hype-driven trading.

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Analysis

Recently, a whale bought 14 Milady NFTs for 94.46 ETH (approximately $312,000) after Vitalik Buterin changed his Twitter profile picture to a Milady NFT, attempting to follow Vitalik's lead. However, the whale sold all of these NFTs within 30 minutes for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This event has drawn attention to Milady NFTs and reflects the market's interest in Vitalik's "influencer" ability. Although Vitalik's purchase sparked a market craze, the ultimate outcome shows that following the trend blindly is not a wise investment. Investors should rationally evaluate the market situation and avoid blindly following the crowd.

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Classic Views

Vitalik Buterin has a huge influence, his actions can drive market sentiment and trigger follow-up investments.

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Milady NFT's price fluctuates greatly, there are high risks, follow-up investments should be cautious.

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Whale trading activities may lead to large fluctuations in market prices in the short term.

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The NFT market has speculative behavior, investors should make rational judgments and avoid blindly following the trend.

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