Someone asked me whether those "coincidental transfers" on the blockchain are really suspicious. To be honest, don't jump to conclusions or assume it's a conspiracy right away. My approach is to break down the paths: where the money comes from (exchange, old wallet, or contract), how many layers it passes through (question marks for aggregators/mixers), and where it ends up (back to the exchange, into lending, or scattered into a bunch of new addresses). Many that look very "coincidental" are actually just automated scripts moving funds or topping up margins. When there are many addresses, it’s like a maze. Recently, with extreme funding rates, people are arguing in groups about whether to reverse positions or continue inflating the bubble. I personally care more about whether these paths are part of risk control actions: margin replenishment, leverage reduction, moving to cold wallets… Understanding this makes it less easy to be hypnotized by candlestick patterns, and I can stay a bit more steady.

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