Lately, someone has been watching whale addresses and trying to copy trades. I actually want to pause first: is he gradually building a position, or is he taking spot as a base and using derivatives to hedge? On-chain it looks like "buying," but it might just be covering up risk. Especially now that new L1/L2s are offering incentives and pulling TVL, it's not unreasonable for old users to complain about mining, selling, and profit-taking. When funds move in and out, it’s easier to misjudge the actions. Anyway, after lowering my expectations, I feel more relaxed. I’d rather confirm the rhythm slowly than chase after others’ positions.