#Whale loses $80,000 to the market.#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 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 the risks of following the herd in investments and reflects the volatile nature of the NFT market.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin's lead and purchased 14 Milady NFTs, spending 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). Prior to this, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, drawing attention from the market. This incident demonstrates the high risk of following the crowd in investments, as even experienced whales can suffer significant losses in a short period of time.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
High risk of hype-driven trading, blind following may lead to losses
NFT market is highly volatile, prices are easily affected by celebrity effects
Whale trading behavior may impact the market
Milady NFT is suspected of hype, its value has not yet been recognized by the market