#Whale follows Vitalik's lead, buys Milady NFT, sells at a loss#

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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, this 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). Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, attracting market attention and causing the NFT's price to skyrocket. But this whale's follow-the-trend operation ultimately ended in a loss, reflecting the significant risk and volatility present in the NFT market.

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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 for 69.08 ETH (approximately $231,000) within 30 minutes, resulting in a loss of 25.38 ETH (approximately $80,900). Previously, Vitalik Buterin changed his Twitter account avatar to a Milady NFT, attracting market attention and driving up the price of Milady NFTs. However, the whale's follow-the-trend operation ultimately ended in a loss, indicating that market enthusiasm for Milady NFTs may be waning. Investors need to be cautious about following the trend and avoid blind investment.

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Classic Views

Following Vitalik's purchase of Milady NFT involves risks

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Milady NFT price fluctuates significantly, posing a risk of losses

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Whales following the purchase and quickly dumping it may indicate market manipulation

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Vitalik's purchase may cause a short-term surge in the price of Milady NFT

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