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Just checked on-chain data: there’s a large transfer that’s trying to make its presence known, and the positioning looks pretty neat. But when you look closely, the fee structure is a bit strange. In situations like this, I usually first review its prior interaction history with exchanges—whether it was building a position or hedging makes a huge difference. Before following, you at least need to figure out what the other party is actually doing; otherwise it’s easy to get dragged into a trap.
Honestly, the recent cross-chain bridge issue and the “wait for confirmation” consensus after the oracle pricing anomaly have made me even more cautious. Anyway, whenever I see a big amount moving now, I don’t even dare to follow right away. I’d rather wait for a few more confirmations to see whether it has any follow-up actions. That’s it for now—I’m going to get a cup of water and take a break.