Lately, I've seen people staring at whale addresses and wanting to follow the trades, but now I'm more cautious... The same large transfer could be for gradually building a position, or it could just be hedging, arbitrage, or moving funds to change margin. Honestly, if you can't see the motive, it's easy to get caught up in the hype. I used to think "whale buying = pump," but then I realized they might have set up a reverse protection on the other side, leaving me excited alone. Recently, rumors about stablecoin regulation, reserve audits, and de-pegging have been circulating again, and when emotions run high, it's easier to act impulsively. Anyway, I’ll just watch whether they keep adding positions, whether the cost range changes, and then combine that with TVL and fee rate changes. No rush. That’s it for now.

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