About copying trades—what matters is whether it’s actually building a position or hedging. During the recent cross-chain bridge incident, a lot of people watched for large inflows and blindly followed along, only to find that the project team was urgently shifting liquidity to hedge as a setup—on the surface it looks like a buy, but in reality it’s a sell. Personally, I think when whales move, you need to first figure out whether their position is betting on a direction or locking in risk; otherwise you’re likely to get treated as the bag holder. The other day, when some oracle pricing was abnormal, it was the same story—everyone rushed in to gamble on a fix, but by the time it was confirmed, they realized it was an arbitrage bot setting the stage. That’s it for now.