Just saw a whale wallet transfer several ten thousand ETH to an exchange, and I almost felt like following along. But when I calmed down, I thought: large transfers sometimes are for building a position, and sometimes for hedging—who knows whether it’s setting up to short. Recently, everyone on Twitter has been talking about ETF fund flows and that U.S. stock “see-saw” effect. I personally don’t really understand it. I’ll just wait about half an hour and see what the next on-chain moves are before deciding. Anyway, I’m not in a hurry. I’ll transfer 0.01 ETH first to test the waters, and then decide after I wake up whether to chase or not.

ETH1.10%
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