Lately, watching on-chain “whale movements” feels a bit like reading logs: the same large amount of inflows and outflows could mean they’re building a position—or it could just be hedging, rotating positions, or even making market orders and then topping back up. Before you follow along, at least ask yourself one question: is he increasing the risk, or smoothing out the risk? Otherwise, you might think you’re trying to buy the dip, but actually you’re helping them back up their positions onto your machine… and you don’t even have redundancy.

The airdrop season is also pretty surreal. With the task platform being anti-botting and using a points system, the people hunting “freebies” end up getting as competitive as employees clocking in for work. To put it plainly, everyone wants “certainty,” which makes it easier to lock onto whale moves as if they were navigation—but navigation also recalculates the route. Anyway, I’d rather chase fewer trades for now: confirm that it’s a steady, step-by-step position-building pace, and we’ll go with that for now.