Before bed, I was browsing the on-chain and saw another "whale address entering the market" being circulated around, and someone in the comments immediately said they were copying trades... I now have a bit of a conditioned reflex: don't rush to copy. To put it simply, large transfers don't necessarily mean opening a position; sometimes it's just hedging, adjusting margin, or even moving spot assets to do liquidity provision to earn fees, and the directions are completely different.

I usually first check whether the previous and next few transactions from the same address are coordinated: such as entering exchanges + opening contracts, or adding/removing liquidity in two pools at the same time. This is more about risk control, not a all-in gamble. Recently, AI agents and automated trading systems have been quite popular, and the narrative is loud, but as on-chain interactions increase, security details are more easily overlooked... Anyway, I prefer to go slower, look at a couple more charts before making a move.