Today I saw a bunch of people staring at whale addresses, ready to copy trades.

First, I remind myself: stop.
Don't just look at what they bought, but also see what they sold at the same time, whether they are opening opposite positions elsewhere to hedge.
In other words, what you see might just be "staging."
Now, looking at contracts really feels like checking household registration: who can change permissions, where the funds are diverted to, whether the project team's wallet suddenly becomes very active...
Recently, the debate over privacy coins/mixing and their compliance boundaries has been quite intense, which also reminds me to stop, observe, and stop scrolling,
to be less influenced by emotions and the rhythm of the market,
preferably miss opportunities rather than become liquidity.