Just now, I really slipped up: I was looking at that big whale transferring funds to an exchange on the blockchain, copied the address to compare, but ended up pasting the previous contract address instead. I almost thought they were "liquidating and dumping," my heart rate shot up... Luckily, I double-checked and realized I copied it wrong myself.



To put it simply, now when watching whale movements, think carefully before copying whether they are building a position or hedging. Sometimes they transfer funds to an exchange while simultaneously staking/borrowing the same amount, as if repositioning, not just selling. Recently, staking unlocks and token unlock calendars are being circulated daily; everyone is worried about that selling pressure. I’m anxious too, but the more anxious I get, the easier I misjudge. Anyway, I now focus on "net inflow + subsequent actions." If I don’t understand it clearly, I don’t act—better to miss out than to be scared in or out by myself.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin