I'll take a look at this tonight fren, but just from your description it's either
a) a market maker whale
b) an insider trader
c) someone waiting to dump on those following his moves
Crypto Twitter is full of Threads about this strategy
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Haha interesting!
Definitely have a look at the specific wallet and let me know your verdict.
But yeah, following these just seems a super risky 50/50 gamble...
Not what I want to be involved in.