Recently, I've seen a bunch of addresses moving assets back and forth on the chain, and the comment section has started shouting "Whales are entering, follow quickly." To be honest, before copying trades, you need to think clearly: are they slowly building a position, or are they hedging, moving collateral, or even wiping out other positions? It looks like buying, but behind the scenes, they might have opened a reverse position on perpetuals, and the net exposure hasn't changed at all. If you follow in, you're just catching their volatility.

The narrative around modularization and the DA layer has been pretty exciting for developers lately, but it's normal for users to be confused. The more "hard to understand but very hot" this stage is, the more I prefer to treat it as noise, focusing first on liquidation lines and liquidity depth, and not getting caught up by a few large transfers.

What I don't regret is: before trying to copy trades, spending ten extra minutes analyzing the entire on-chain fund flow. Even if I end up doing nothing, at least I stay alive. Anyway, I'm just afraid of a waterfall decline—better to miss out than get caught in the rush.