A trader bought the hype when Elon tweeted a picture of a "Milady", buying $1.3Mil of Milady, then FOMOed even harder buying a further $400,000 after a profit. Then they panic sold for $800k when the price dropped. Total Loss: approx $1 Million. The price

A trader with wallet 0x78e... seems to love their influencers. Elon Musk doing Elon Musk things tweeted a picture of a Milady(I won't even attempt to explain what that is). Off the back of this, this trader bought $1.3 Million worth of Milady.

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https://preview.redd.it/ix98w0n0mtkb1.png?534&format=png&auto=webp&s=b2e699ccff719309e6dd6e21d3aa2cd45d3220da

The wallet actually managed to make small profit and from this they FOMOed even harder buying a further almost $400k more for a total of around $1.7M.

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Some of the buy transactions

However, 60 days later the price dropped and they panic sold selling in two batches for a total loss of around $800k. This means that they lost very close to $1 Million dollars.

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Some of the sell tranactions

To add even more insult, the price of Milady went up 60% soon after to a floor of 4.34ETH.

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https://preview.redd.it/0vhjkeqpptkb1.png?879&format=png&auto=webp&s=f293129fb82fac862c17d37199e3a8997f64c4b5