Over the past couple of days, I've been analyzing on-chain data and noticed several large transactions moving back and forth. The group chat has started shouting, "Whales are entering the market, follow quickly." But to be honest, many of those actions seem more like hedging: slowly accumulating spot, while simultaneously shorting or adjusting positions on derivatives, or simply repositioning and managing funds. Outsiders see it as a charge forward, but in reality, it's more like covering. Especially now, with memes and celebrities hyping things up, attention shifts quickly. Newcomers are most likely to chase the hype and end up taking the last leg. Anyway, whenever I see "multiple actions from the same address," I pause first—better to miss out than to follow the emotions too quickly... Let's see how it goes.

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