While commuting, I saw someone post a "whale entry screenshot," and there were a bunch of comments calling for copying the trade. I started to feel a bit uneasy... Honestly, what you're seeing might just be building a position, or it could be hedging, arbitrage, or even patching other positions. Especially those who buy spot and open reverse contracts at the same time—on-chain it looks pretty intense, but actually they’re just reducing volatility, not trying to pump the market.

My current habit is: first check if this address is frequently tinkering within the same protocol, whether there are frequent cross-chain or exchange deposits and withdrawals, and quickly review the authorization list (seeing unlimited permissions makes me want to revoke). Then decide whether to follow, otherwise if you follow someone’s "hedged position," you’ll just be running naked...

Also, recently, the "attention mining" through social mining and fan tokens has been quite surreal. With the hype, more screenshot parties have appeared. The more popular it gets, the less willing I am to blindly click confirm. Let’s leave it at that for now.