Lately, I've seen quite a few people watching whale addresses and wanting to copy trades. I understand, it's about saving brainpower. But before you act, think carefully: is he building a position or hedging? To put it simply, many "big buys" are actually others opening short positions or doing options protection, so the net exposure isn't as much as you think. If you follow in, you'll end up bearing the volatility for someone else.



This is the third time this week I've seen this: on-chain spot trading comes in very aggressively, but at the same time, perpetual contracts pile up with opposite positions, as if they're spreading out the cost. It's not a call for you to rush in. Modular, DAO layer development has been super active lately, and when users are confused, whales prefer to build "stable" structures, not like they’re going all-in. Anyway, I first check whether there's an opposite leg or a shift to exchanges during the same period before deciding whether to follow... Take it slow; only then can the pudding be stirred evenly.
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