Just saw a big wallet moving in and out of a certain pool on the chain, and the group immediately started saying "whale entering the market to copy trades"… I quickly retract my hand from my tentacle. To be honest, what you see from a whale's actions is the result, not necessarily the direction: they might be building a position, or opening a counter-position elsewhere to hedge, or just moving liquidity to save costs. Before copying, I usually check whether they are continuously accumulating along the same path or betting on multiple pools/platforms at the same time; if it's the latter, I prefer to pretend I didn't see it, so I don't end up copying only half the story. Recently, the privacy coins and mixing compliance debates have been intense, which makes me think that "visible wallets" don't necessarily mean clean or simple… Anyway, for small-scale testing like mine, I just use a one-time wallet to poke around and then withdraw, rather than imagining myself as a whale.