#Whales Buy Milady NFTs, Cut Losses After Losing Money#

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Overview

Recently, a whale bought 14 Milady NFTs after Ethereum founder Vitalik Buterin changed his Twitter profile picture to a Milady NFT. The purchase cost 94.46 ETH (approximately $312,000). However, the whale sold these NFTs within 30 minutes 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 sustainability of the hype surrounding Milady NFTs and serves as a reminder for investors to be cautious when following trends, avoiding blind following that can lead to losses.

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Analysis

Recently, a whale followed Ethereum founder Vitalik Buterin's lead and bought 14 Milady NFTs, spending 94.46 ETH (about $312,000). However, the whale sold these NFTs for 69.08 ETH (about $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (about $80,900). This incident has raised questions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, which attracted market attention and drove up the price of Milady NFTs. However, the whale's follow-up purchase and rapid selling behavior indicate that market enthusiasm for Milady NFTs may be waning, and its value may be at risk of a bubble.

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Classic Views

Whale follows Vitalik's lead to buy Milady NFT, but ultimately cuts losses

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Milady NFT's price fluctuates significantly and carries risks

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Following the trend of investment carries risks, make decisions carefully

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Vitalik has a great influence and may drive market sentiment

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