Recently, I keep seeing people staring at whale addresses and wanting to copy their moves. I get the itch too, but honestly, you need to first figure out whether they are building a position or hedging... The same address, with one hand in and the other out, might just be shifting risk around; if you follow and rush in, you become liquidity to fill the gaps. Especially now, with the staking and shared security models of "yield stacking" being criticized as Ponzi schemes, on-chain operations are more likely to involve positions that buy while taking insurance elsewhere. Anyway, when I see large transactions, I wait for a few trades, observe the slippage and whether they will be replenished later, then decide whether to act. Don't be too greedy with take profits either.

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