Lately I've been obsessively watching whale addresses, getting a bit obsessed. When I see big orders, I get itchy to follow, but then I realize they might be hedging, not building a position... Basically, you only see "how much they bought," but not what positions they're opening on the other side. Following blindly is like riding a roller coaster. Especially now, with cross-chain bridges having issues and oracles showing abnormal quotes, everyone in the group is shouting "wait for confirmation," but I actually want to jump in even more. I've set a simple rule for myself: first, see if they're accumulating in batches, whether they have opposite positions, and if the funds are transferred out from exchanges. If I can wait ten more minutes, I’ll wait ten more minutes—don't be too quick to act.

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