Just now, I saw a "whale entering the market" on the blockchain, and the comment section has already started shouting to follow... My first reaction was: don't rush to copy the move. Sometimes large transactions are for building positions, sometimes just for hedging, switching positions, or even moving holdings across chains. Especially now that bridge and settlement layer tools are becoming more convenient, funds moving across chains is like switching drawers; looking at only single-chain addresses can easily lead to misunderstandings. Plus, lately everyone has been talking about expectations of interest rate cuts, the US dollar index moving in sync with risk assets—rising and falling together. When macro sentiment shifts, whales prefer to cover their risks first. Anyway, I’ll wait to see if they do it in batches, if there’s any reflow, or if they lock in their positions... If I don’t understand, I just pretend I didn’t see it—stay calm.