#Whale follows Vitalik and sells NFT at a loss#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin's lead, spending 94.46 ETH (about $312,000) to buy 14 Milady NFTs. However, within 30 minutes, they sold these NFTs for 69.08 ETH (about $231,000), losing 25.38 ETH (about $80,900). Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, attracting market attention. The whale's follow-the-trend operation ultimately ended in losses, reflecting the high volatility of the NFT market and the need for caution in investment.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Ethereum founder Vitalik Buterin's lead, spending 94.46 ETH (approximately $312,000) to purchase 14 Milady NFTs. However, within 30 minutes, the whale sold all of these NFTs for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). Previously, Vitalik Buterin changed his Twitter avatar to a Milady NFT, drawing market attention and driving up Milady NFT trading volume. However, due to significant market fluctuations, the whale's follow-the-trend move ultimately ended in a loss, serving as a reminder for investors to be cautious when investing in NFTs and avoid blindly following the crowd.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale followed Vitalik to buy Milady NFT, but quickly sold at a loss, showing a cautious attitude towards the project.
Vitalik's move may have sparked market interest in Milady NFT, but it doesn't necessarily mean the project has investment value.
Whale's following behavior may lead to short-term fluctuations in the market, but it does not represent the long-term trend.
The NFT market still carries significant risk, and investors need to invest cautiously and avoid blind following.