After I started tracking whale addresses, my biggest gain wasn't "guessing the right direction," but rather being able to see more clearly whether they are building positions or hedging. Many people see large transactions and want to follow, but sometimes they buy a bunch of spot, while simultaneously opening short positions on derivatives; the net exposure isn't as big as you think... If you follow in, you might end up becoming a one-sided gambler.

Especially recently, the storyline of on-chain games involving inflation + studio wash trading + coin price spirals has been brought up again, and whales prefer to use the strategy of "seeming lively on the surface, while shrinking risks behind the scenes." Anyway, I’d rather take it slow, reviewing authorization and contract interactions before acting; I can't guarantee everyone listens to my reminders, but I still share them. That's all for now.