Since I started tracking whale movements, the biggest change isn't "jumping on the train," but rather a more stable mindset: before, I would get itchy whenever I saw large inflows and outflows, but later I realized that many of what looked like building positions were actually more like hedging, repositioning, or even just moving chips around. Especially recently, everyone is staring at unlock calendars every day, and the anxiety and selling pressure are as if the world is ending... But some whales are clearly spreading risk in advance, not trying to pump or dump. To put it simply, before copying others, ask yourself: are they adding to their positions or protecting their lives? If you can't tell, don't move; anyway, in a bear market, the safest thing is still to do nothing. That's all for now.

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