Over the past two days, I’ve seen people staring at whale addresses and trying to copy their trades. Honestly, I’m also pretty tempted—but every time I open the on-chain records, I calm down again: is he actually building a position, or is he using spot/perpetuals to hedge, and maybe just tacking on a bit of position insurance as well? Sometimes you only see “bought,” but you don’t see the subsequent selling, the transfers to an exchange, or the opening of a reverse position. Charging in after that is a lot like staring at a single beam on the ceiling of a dome and thinking the structure is solid.

I was actually a bit late to catch on to that “economic collapse breakdown” in the blockchain gaming wave. Everyone was chatting about inflation, studios, and the spiral of coin prices, and they were going at it with nonstop momentum, while I was still watching address fund flows. Then I looked back and realized it—turns out it had already started leaking long ago. Anyway, these days I’d rather set up monitoring alerts first: whether the actions of the same address across different platforms line up; if they don’t, treat it as noise and hold back from impulsive moves.