Lately, I've seen more people on the blockchain chasing "whale addresses," and honestly, before copying trades, you need to think clearly: Are they building a position or hedging? If an address is buying spot while opening a short, or dumping positions into high-volatility pools to eat fees, following only one side can easily get you kicked out.


Now I’m used to first checking if they are accumulating in batches, whether there are counter-positions, and whether the transfer to exchanges is for unlocking liquidity (recently, staking unlocks and token unlock calendars are being used to scare people every day, which is indeed annoying).
Anyway, I’d rather miss out than take the long side seriously when others are hedging…
What I’ve learned isn’t skills, but to first understand what I’m actually betting on.
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