I feel like more people have been looking at whale addresses recently, but my own conclusion is still pretty cautious: don’t rush to copy trades. First figure out whether the other party is accumulating positions or hedging—otherwise you’re very likely to get pulled into “fake moves.” The reason is simple too: many large inflows into exchanges / big openings look like they’re about to surge, but in reality, the other side may already be holding spot assets and is just using contracts to lock in risk; or during staged accumulation they deliberately create a bit of noise to attract attention.

These past couple of days, Meme trade calls and celebrity shoutouts have once again moved center stage. Newcomers are even more likely to treat “whale movements” as if they were holy orders… to put it plainly, the hotter the attention in a place, the more likely it is that the last hand is reaching out. For now, I’m just going to treat the actions of a few addresses as records and store them slowly: frequency, time windows, who they interact with, and whether there are signs of counterparties. If those don’t line up, I’ll just pretend I didn’t see anything—better to miss out. That’s it for now.