Instagram only does this when you open a story directly by its URL (e.g. someone sent you a link). This makes sense because you don't always know where links lead so the confirmation prevents any inadvertent exposure to the story author. But when you tap a story in the UI, it's a conscious action, you already know that you're opening a story and that doing so would expose you to its author.
@grishka Yeah, I'm aware of that, but I figured it's worth it to show this warning as the fediverse isn't Instagram/Meta and may not be aware of the view tracking.