Recently, I've seen more "whale" addresses on the blockchain screenshotting and calling for follow trades, and I'm actually feeling a bit anxious: you need to first think carefully whether they are building a position or hedging. Many addresses are increasing spot/loan positions on one side, while opening opposite perpetual positions on the other to lock in risk; if you only focus on that large buy-in and jump in, you're probably just following their left hand. Especially now, everyone is waiting for testnet incentives and token expectations, guessing whether the mainnet will issue tokens; whales prefer to use small costs to create narratives for bullishness while covering downside risks with hedges. On the surface, it looks like a "all-in" move, but it might actually be a very sophisticated position structure. My approach is a bit simpler: at least observe three steps after the same address's actions—see if they withdraw funds, switch to stablecoins, or open opposite leverage—before deciding whether to copy the trade. That's all for now.