Back to monitoring whale addresses again... Every time I see large amounts flowing into perpetuals, I get itchy, but now I force myself to first clarify: is it slowly building a position, or opening a bunch of hedges to treat you as liquidity? To put it simply, many "whale long positions" might also have spot or options nearby, and their net exposure isn't as aggressive as you think.

Today I decided to be smarter and set alerts + limits, so I don't go all-in at the first green candle. As a result, when the alert rings, I’m less impulsive, and my mindset shifts from "I missed out!" to "Oh, it’s here, follow the plan." It’s quite magical.

By the way, recently MEV and fair ordering have been criticized again, I understand... Sometimes you think you're catching the train, but actually you're being cut in line. Anyway, I first check if the address behavior is continuously adding to positions; otherwise, I’d rather FOMO later than pay tuition on the spot.