#Whale buys Milady NFT, cuts losses#
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, within 30 minutes, the whale sold these NFTs for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This incident reflects the high volatility of the NFT market and the high risk of following the crowd. Investors need to be cautious.
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 within 30 minutes for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This incident has sparked questions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, which was seen as a catalyst for the price surge of Milady NFTs. However, the whale's follow-the-trend purchase and quick sell-off suggest that the price of Milady NFTs might be inflated, and their value may not support their high prices. This event also serves as a reminder for investors to be cautious when investing in NFTs, avoiding blind following and conducting rational analyses of the project's value and risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik to buy Milady NFT, but ultimately loses money and cuts losses.
Milady NFT's price fluctuates significantly, posing a high investment risk.
Vitalik's influence is enormous, and his actions may trigger market following.
The NFT market has speculative behavior, and investors need to make cautious judgments.