Yesterday, I saw a bunch of people on the blockchain again staring at "whales entering the market" and wanting to follow along. Honestly, first figure out whether they are building a position or hedging. Building a position usually involves gradually eating into the depth, with slippage being worn down very finely; hedging is more like moving on both sides simultaneously, with the net exposure not actually changing much. If you follow in, you become fuel for their volatility. The market is really quite like a mirror; everyone sees a large address and automatically imagines "inside information," with greed reflecting very clearly.


By the way, currently, the airdrop season has made task platforms anti-witch-hunting and set up points systems, and the grab-and-go folks are like clocking in at work... Anyway, I prefer to look more at liquidity and order book data, rather than chasing after a "whale" screenshot.
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