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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

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.