Just when I refresh, someone posts “whale entering the market” and says they’re about to copy the trade—I’m honestly a bit traumatized… To put it bluntly, the big order you see isn’t necessarily a position being built; it could be hedging, repositioning, or even just using you as liquidity. And these on-chain data tools and address labels are kind of awkward right now—not only are they lagging, but they may also be intentionally routed around in ways that mislead you. If you keep staring at “whales” and chasing them, you end up like me: with a contrarian personality, working for the market.

My current approach is pretty basic: first, figure out whether this order is for hedging—where the main position is, and how the risk exposure changes. If I can’t figure it out, I treat it as if I never saw it. I’d rather miss out than force the trade. The moment I get impulsive and want to hit the confirm button, I write the stop-loss first—if I don’t, then I don’t place the order… Otherwise, when I end up losing money, I’ll have to close Twitter and go run instead. Too embarrassing.