Recently, someone on the blockchain has been chasing after "whale addresses" to copy their moves. I feel like advising: don’t rush to follow, first figure out whether they are building a position or hedging. Many large orders look like buying, but it could be the other side opening a short on a platform, or moving assets for cross-chain swaps. It seems lively on the surface, but the net exposure hasn't changed. To put it plainly, if you follow in, you’re just catching the emotional wave.



These days, isn’t that mainstream public chain about to upgrade/maintain? Everyone in the group is guessing whether the ecosystem will migrate. I actually think that during times like this, whales prefer to do "insurance moves." What you see might not be faith-based accumulation; it could just be locking in risks in advance. Anyway, I stick to my usual: dollar-cost averaging, taking notes, and not getting caught up in the hype.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned