#Whales bought Milady NFTs in a frenzy, only to cut their 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, 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 incident has raised questions about the sustainability of Milady NFT's hype and serves as a reminder for investors to be cautious when following trends and avoid blindly following the crowd, which can lead to losses.
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 for 69.08 ETH (approximately $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (approximately $80,900). This incident has sparked questions about the sustainability of the hype surrounding Milady NFTs. Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, drawing market attention and driving up the price of Milady NFTs. However, the whale's follow-the-trend purchase and rapid sale suggest that the market's enthusiasm for Milady NFTs may be short-lived, and their value may not be sustainable. This incident also serves as a reminder for investors to be cautious when following trends, avoid blindly chasing rallies and dumping, rationally assess the value of projects, and mitigate investment risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale follows Vitalik's purchase of Milady NFT, but ends up losing money.
Whale following behavior may be risky, blindly following may lead to losses.
Vitalik's purchase may have sparked market interest in Milady NFT, but its value fluctuates greatly.
The NFT market is highly volatile, investors need to be cautious.