Today I saw another screenshot of "whales entering the market," almost instinctively ready to follow the trade... But calmly thinking about it, I really need to distinguish whether they are slowly building a position or using spot holdings as insurance for hedging. To put it simply, seeing large transactions on the chain doesn't necessarily mean seeing the direction; it might just be moving risk around. For someone like me who forgets everything after minting, I must remember to hit the brakes.



By the way, the community is again arguing about the compliance boundaries of privacy coins/mixing, arguing like it's a breakup scene... My mom even asked me, "Are you guys money laundering?" I could only say: some people just don't want to be watched by the whole internet, but the rules are indeed quite blurry right now. Anyway, I’ll put my impulses aside first, observe a few more trades before making a move.
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