I've been lurking in the group for a long time, and I still can't help but say this: don't rush to follow trades just because a whale address moves… First, figure out whether they're building a position or hedging. In many cases, that on-chain “buy” might only be topping up spot to protect futures, or shifting positions back and forth to save on costs—if you jump in, you’re just getting swept up by emotions.



Personally, I’d rather see whether they’re adding little by little in batches, whether they keep appearing within the same range, and whether it happened alongside the market panic. In plain terms, whales don’t necessarily “look bullish”; sometimes they’re just better at surviving.

Also, this airdrop season really has people’s heads spinning. The stricter the task platform’s anti-sybil/anti-fraud measures are, the more the points feel like clocking in at work… the more intense it gets, the easier it is to get antsy. Anyway, I’d rather pick up shells slowly than be carried away by “whale-style.”
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin