Recently, I saw a bunch of people watching "whale addresses" to follow trades. Honestly, what I’m more afraid of now is following someone’s hedge trades... They might be holding spot with their left hand and opening opposite positions with their right, making their position look large but actually locking in risk. If you blindly follow in, you’ll end up naked. Especially these days, the privacy coins/mixing services and their compliance boundaries are causing intense debates, which reminds me: what you see on-chain doesn’t mean you understand it. Anyway, I no longer believe the intuition that “whales buying = takeoff tomorrow.” I’d rather go slow and first improve my survival rate; being able to sleep peacefully is more important than anything.

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