'institutions are buying' so I followed them in — here's how it went

saw on-chain whale/institution-ish wallets accumulating, so I bought the same. result: mixed. direction was roughly right, but they have a low cost basis and deep pockets to hold, while I — who copied in higher — got shaken out at the lows more than once. takeaway: copying someone's wallet doesn't help if YOUR entry and YOUR holding power differ. still, since it's frequent copy-trading, having the fee rebate on was a good call