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Today I saw someone showing off again, "Whale has entered the market, hurry up and follow." I really felt a bit itchy but still held back. To be clear, first distinguish whether they are building a position or hedging: building a position usually isn't as rushed, maybe gradually accumulating in batches; hedging is more like betting on both sides, looking aggressive on-chain with buying, while the other side might be shorting or locking in positions, and following along with the copy trading turns into providing liquidity for them.
Recently, the funding rates have been extremely volatile, and the group is arguing whether it's a reversal or just more bubble squeezing... At times like this, whale actions seem more "cool," but they might just be risk control measures. Anyway, my current approach is: don’t get excited about large transactions first, wait for confirmation, and if I can't afford to lose, try with a small position. Forget it, I won’t talk more, just go authorize my wallet again and check everything, so I don’t get charged before airdrops arrive.