Recently, I've seen people staring at whale addresses and wanting to follow their trades. To put it simply, first figure out whether they are building a position or hedging. If an address suddenly adds to their spot holdings while opening a reverse position on the perpetual side, it’s more like locking in volatility rather than trying to make you take off... I usually take a closer look at where the funds are coming from, which pool they entered, and whether they withdraw after a few hours. If the rhythm doesn’t feel right, I slow down first.



Also, the current testnet incentives and points system are making people's mindsets very anxious, constantly guessing whether the mainnet will issue tokens. But whales also use small trades to create a presence, and their real positions are often hidden even deeper. Don’t be fooled by a few quick moves. Anyway, I’d rather miss out than rush blindly in the fog. Let’s talk again next time.
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