In the past hour, a large holder aggressively added 7,000 HYPE long positions, with a total position size exceeding $17 million—this move has indeed attracted a lot of attention. This big player has always held significant positions in Ethereum and Bitcoin, but this time they clearly shifted towards HYPE, showing considerable strength.

What can we learn from this move? First, large funds are seeking new growth points outside of mainstream coins. They are not only focusing on Bitcoin and Ethereum but are continuously scanning assets with high topic relevance and volatility. Second, the reason these high-profile, highly volatile tokens attract whales often indicates that new market sentiment is brewing. The actions of big funds can sometimes preemptively reflect market rhythm.

But what needs to be said here is—never copy trades directly. Learning to interpret on-chain data is necessary, but more importantly, you need your own judgment. If you want to participate, using small positions to test the waters is understandable, but absolutely do not risk your entire assets betting on a single direction.

Bull markets are often full of volatility, and those who truly make money are usually those who hold valuable assets and wait patiently. Big players’ bets are just references, not beliefs. Understanding your own risk tolerance is key to surviving long-term in this market.