Last night at 2 a.m., I was checking on-chain addresses again and my OCD kicked in... I saw a screenshot of a "whale entering the market," and someone in the group immediately wanted to follow the trade. To put it simply, first figure out whether they are building a position or hedging: buying spot and opening a reverse contract on the same side, or throwing coins into lending as collateral and then shorting elsewhere. This looks very lively, but actually it's about spreading out the risk. If you follow in, it just becomes a pure gamble on the direction.

There’s also been a recent trend of social mining and fan tokens, the "attention as mining" approach. The more I look at it, the more it seems like an emotion amplifier: when whales move, attention is first mined away, and in the end, those who don’t understand the trading intent are the ones who lose the most. Anyway, I’d rather go slow now, double-check my positions, leverage, and permissions first.