In the morning, I saw some whale large transactions moving in and out on the blockchain, and the group started saying "Follow along and copy the trades."

Now I will pause first: Is this building a position, or hedging?
To put it simply, the same address might be adding to a spot position on one side while opening a reverse position to lock in volatility; if you only see the buying side, it's easy to get emotionally overwhelmed.
And then there's the main public chain upgrade/maintenance; everyone guesses whether the ecosystem will migrate afterward.
Whales tend to prepare for both scenarios: testing cross-chain transfers, moving back to exchanges, and even opening futures positions.
Anyway, I will wait until a few puzzle pieces come together: whether there are immediate orders after entering an exchange, whether new wallets are taking over on-chain, and whether the positions are being scaled in batches.
If you can't see clearly, don't act first—don't mistake hedging for faith.