Recently, I've been seeing people posting copy-trading addresses, saying that since whales bought something, they'll just follow along. But to be honest, opening a position and hedging look too similar on-chain—both are large inflows. The only difference is that you can't see what's on the other side of their account.

Now that cross-chain bridge incidents have happened, even "waiting for confirmation" has become the default move, and no one dares to act during those few seconds when oracle price quotes are abnormal. At times like this, following a trade might mean you're following the hedging leg, walking straight into a knife.

For my part, I've stopped all automated copy-trading for now. I'll look manually for a while, and if I can't tell the difference, I won't trade. I'd rather miss out. The cycle is long, and a trade or two won't make or break it.