#Whales are buying into Milady NFTs.#

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Overview

Recently, a whale purchased 14 Milady NFTs for 94.46 ETH (around $312,000) after Vitalik Buterin changed his Twitter profile picture to a Milady NFT. However, the whale sold them just 30 minutes later for 69.08 ETH (around $231,000), resulting in a loss of 25.38 ETH (around $80,900). This incident is believed to be the whale following Vitalik's lead, but it ultimately ended in a loss.

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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 sparked discussions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, which was believed to have driven up the price of Milady NFTs. However, the whale's follow-up purchase and quick sell-off suggest that the hype surrounding Milady NFTs may be a bubble, and their value may be at risk of being overhyped.

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Whale

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followed

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