I just muted the group. Honestly, it’s much quieter.

Lately I’ve been watching whale activity, and every time someone sees a large transfer, people rush to shout “a giant whale is building a position.” But in reality, many of those are hedges or liquidity management. Before you follow along, it’s best to first understand the context of that money on-chain—did it enter a lending protocol, or is it being sent to an exchange? The intent is quite different.

As for social mining, I’m actually pretty curious. The idea that attention equals mining sounds really sexy, but when you think about it, attention itself is prone to depreciation—and how does a platform ensure that the “attention” isn’t fabricated? It feels a bit similar to modular composability: components can be assembled, but the prerequisite is that each part is honest. Not sure if I’m just being too picky…

Anyway, I’m pretty cautious. I’ll just observe quietly for a while first.