#Whales bought into Milady NFTs, but sold at a loss.#

109
3
Posts
Hot Topic Details

Hot Topic Overview

Overview

Recently, a whale followed Vitalik Buterin's lead in changing his Twitter profile picture to a Milady NFT, spending 94.46 ETH ($312,000) to acquire 14 Milady NFTs. However, within 30 minutes, this whale sold the NFTs for 69.08 ETH ($231,000), resulting in a loss of 25.38 ETH ($80,900). This incident has sparked discussions about the sustainability of the Milady NFT hype and the risks of bandwagon investing.

Ace Hot Topic Analysis

小 A

Analysis

Recently, a whale followed Ethereum founder Vitalik Buterin's lead and bought 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 raised questions about the hype and value of Milady NFTs. Previously, Vitalik Buterin changed his Twitter profile picture to a Milady NFT, attracting market attention and driving up the price of Milady NFTs. However, the whale's follow-the-trend behavior resulted in losses, which may indicate that the price surge of Milady NFTs might be a bubble, and its value has not yet been fully recognized by the market.

Related Currencies

Public Sentiment

0%
100%

Discussion Word Cloud

Classic Views

Whale follows Vitalik's purchase of Milady NFT, but eventually sells at a loss.

1

Whale following behavior may be risky, blind following may lead to losses.

2

Vitalik's influence is huge, his actions may trigger market fluctuations.

3

The price of Milady NFT fluctuates greatly, investment should be cautious.

4