Recently, I've seen a bunch of people watching whale addresses and preparing to follow orders. To be honest, don't rush to copy the moves… Whether it's large transfers in/out of addresses or opening/closing contracts, it could be slow position building or just using spot to hedge and lock in volatility. Especially before major public chain upgrades/hard forks/shutdown maintenance, the market loves to scare itself. Whether the ecosystem will migrate or not is another matter, but the actions of funds for risk control will definitely increase. My habit is still to wait until the emotions cool down before looking: if it's a phased entry and the position isn't extreme, I might follow a little; if someone goes all-in at once, I just treat it as noise. (Don’t take others’ risk control as your signal)