I just went through some on-chain data for a while, and one big V was joyfully saying that an address’s transfer in the early morning was the work of a whale setting up. When I looked closer, though, once you break down the path, it turns out to be just an exchange hot-wallet sweep/collection—there’s basically nothing to do with any so-called “mysterious signals.” Honestly, on-chain coincidences are a lot. Every time I see someone hype ordinary collection and test transfers into some sort of god-level move, I get a little anxious—I’m afraid I’ll get pulled in too.

Now this new L1/L2 is rolling out incentives to attract TVL, and a few guys are all complaining about “mine, claim, then sell.” They say it’s better to wait until things stabilize before moving. I think so too—if a path can be explained clearly, and you insist on adding more drama, the result is rushing in and trying to stand on top of the mountain. Anyway, I haven’t decided yet; I’ll watch for two days first.