I used to be a bit paranoid, always thinking "Just looking at the chain is enough," and when I saw those transfers that looked like coincidences at a glance, I would start imagining stories. Later, I forced myself to trace the paths: starting from the source of funds, following the flow, checking if the same addresses were moving around in different pools, whether there was a fixed relay station, and whether the funds ended up in an exchange or a cold wallet. To put it simply, many of those "coincidences" are just scripts running, or simply address trace washing.

Recently, hardware wallets have been out of stock, and phishing links are everywhere. I’ve become more cautious: no matter how detailed the on-chain view, losing the private key is still game over... My current approach is pretty simple: manually verify addresses/links twice, and treat any abnormal transfers as "explainable processes" first, rather than rushing to leverage. Set an alarm first, reduce positions when needed, to avoid emotional trading.