In the past, I would often exclaim, "Wow, that's such a coincidence," when I saw on-chain transfers—two transactions of the same amount at the same time—immediately imagining it as a whale's secret signal or the prelude to a new round of dumping. Now thinking about it, most of the time I was just scaring myself...
If you break down "coincidence," it usually means: exchange hot wallet consolidation/distribution → routing or multi-signature in the middle → then distributing to a bunch of addresses, plus bots doing scheduled, batch, template-based transactions, which visually look very much lik
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