Some people ask me how much they can trust those on-chain tags and clustering... I usually just think of them as "telescopes," able to give a rough idea of the direction, but don't treat them as IDs. Address profiling, to put it simply, is a game of probabilities: transaction paths and interaction habits can indeed reveal some things, but as soon as you encounter intermediaries, mixers, multi-accounts, or even deliberately feeding data, you can immediately be led astray. Recently, haven't some people also been complaining that tool tags are lagging behind and easily misleading? I think that's normal; on-chain data is real-time, but human behavior isn't. Anyway, I pay more attention to the "persistence" and "repetition of the same actions" in fund flows, and I rarely draw conclusions from single points. Let's leave it at that—trust a little less to avoid being fooled by your own charts.

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