#Whale lost 80,000 following the trend.#
Hot Topic Overview
Overview
Recently, a whale followed Ethereum founder Vitalik Buterin and bought 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 event has raised concerns about hype and speculation in the NFT market and serves as a reminder for investors to be cautious and avoid blindly following trends when investing in NFTs.
Ace Hot Topic Analysis
Analysis
Recently, a whale followed Vitalik Buterin's lead in changing his Twitter profile picture to a Milady NFT and spent 94.46 ETH ($312,000) on 14 Milady NFTs. However, this whale sold the NFTs for 69.08 ETH ($231,000) within 30 minutes, resulting in a loss of 25.38 ETH ($80,900). This event has raised concerns about the volatility and hype surrounding the NFT market. While Vitalik's move temporarily boosted Milady NFT prices, the whale's follow-up action ended up in a loss, highlighting the significant risks still present in the NFT market. Investors need to act cautiously and avoid blindly following trends.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Venture capital investment is risky, blindly following celebrity investment behavior can lead to losses
The NFT market is highly volatile, and prices are easily affected by celebrity effects
Whale investment behavior can cause short-term market fluctuations
The value of Milady NFT is controversial, and its price fluctuations are difficult to predict