If you are a web3 enthusiast, particularly those active in DeFi and crypto trading, let me know how often you use on-chain analytics platforms like Glassnode, Nansen, or Dune to track whale wallets and top traders' activities.
What do you do with those discoveries? Do you start buying what the whales or big investors are buying, no matter how small your funds are? Or do you do these just to catch market trends?
The goals of visiting these websites may vary widely, but for non-traders, they may simply use them to broaden their knowledge before ultimately making a decision to trade or invest in certain crypto assets often targeted by whales and large investors. Reading on such websites is also important, especially when it comes to buyer volume and current market trends. Therefore, their use may always depend on each individual's need for the information presented on the website.