#Whales bought Milady NFTs, only to cut their losses.#
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 within 30 minutes for 69.08 ETH (approximately $231,000), resulting in a loss of 25.38 ETH (approximately $80,900). This incident has drawn attention to Milady NFTs and reflects the high volatility and risks associated with following the herd in the NFT market.
Ace Hot Topic Analysis
Analysis
Recently, a whale spent 94.46 ETH (about $312,000) on the Ethereum network to purchase 14 Milady NFTs, but sold them all within 30 minutes for 69.08 ETH (about $231,000), resulting in a loss of 25.38 ETH (about $80,900). This incident, which occurred after Ethereum founder Vitalik Buterin changed his Twitter avatar to a Milady NFT, is believed to be a whale following Vitalik's lead. However, due to the rapid decline in the price of Milady NFTs in a short period of time, the whale eventually cut its losses. This incident has sparked concerns about the volatility and hype of the NFT market, and reminds investors to be cautious when investing in NFTs and to avoid blindly following the trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale followed Vitalik's lead and bought Milady NFT, but ended up losing money and cutting losses.
After Vitalik bought Milady NFT, it received attention and triggered hype.
Milady NFT has significant price fluctuations and risks.
Following the hype can lead to losses, investors need to be cautious.