These days, a bunch of people are watching large on-chain transfers and hot/cold wallets of exchanges, shouting "Smart money is coming" whenever there's movement. I find it quite helpless... To be honest, the actions of whale addresses don't necessarily indicate the market direction, let alone suggest a pump. Before copying others, think carefully: are they building a position, or hedging/rebalancing? For example, sending funds to exchanges while simultaneously moving stablecoins cross-chain might just be risk padding, not an attempt to push the price. Friends also ask me, "Is this considered a positive signal?" I can only reply: don't rush to conclusions, first extend the time horizon, and see if there's sustained inflow/outflow and stablecoin supply adjustments. Without a clear chain of evidence, treat it as noise. Anyway, I prefer to take it slow.