Over the past two days, I’ve seen people fixating on whale addresses to copy trades, and I’m honestly a bit more “let it be” now… First, though, I need to think it through clearly: is the other side building a position, or hedging? Put simply, while the whale buys spot on one side, it opens perpetual shorts on the other to lock in risk. If you just follow what looks like “buying,” you might end up being the one catching the falling knife.

I usually take a quick look at on-chain details as well—for example, when the same wallet sends coins into the contract at 0x7c…b1 to post collateral, while also transferring margin to an exchange’s hot wallet. In most cases, that’s not really “bullish—let’s go all in”; it’s more like setting up a play. And with the recent cross-chain bridge getting stolen and that round of oracle errors, everyone has been “waiting for confirmation.” I’d rather move a bit slower and wait to see what he does next. Anyway, the profit-farming/harvesting skills have been drilled into me—I can afford to wait.