Let’s talk about on-chain data.
On-chain analytics platforms label some addresses, such as exchange hot wallets, funds, or project addresses. These labels can sometimes be wrong.
To be honest, I only figured this out later: when you see breaking news about “whale movements,” first check who owns the address and where the coins end up. Don’t place a trade based on the headline alone.
All transfers made by $BTC are publicly recorded on-chain, and anyone can look them up using a block explorer.
Every potential return comes with a corresponding risk. Think about the worst-case scenario first.
On-chain analytics platforms label some addresses, such as exchange hot wallets, funds, or project addresses. These labels can sometimes be wrong.
To be honest, I only figured this out later: when you see breaking news about “whale movements,” first check who owns the address and where the coins end up. Don’t place a trade based on the headline alone.
All transfers made by $BTC are publicly recorded on-chain, and anyone can look them up using a block explorer.
Every potential return comes with a corresponding risk. Think about the worst-case scenario first.