Recently, some people have been using a bunch of "tags/clustering" charts to discuss capital flows, which look quite impressive, but I’ve always felt that address profiling is only about 60-70% reliable at most. One person might split their funds across a dozen wallets, mixing hot wallets on exchanges, and then with cross-chain transfers and proxy contracts, it’s very easy to mistake "the same group of people" for "new funds," or to lump unrelated addresses together. Especially with meme and celebrity shoutouts that cause attention shifts, on-chain data can suddenly become very "lively," but being lively doesn’t mean healthy... I’ve heard veteran players warn newcomers not to take the last step, and I’ve become numb to it. I’m tired but still here; anyway, I see more of these as ways to find anomalies (like concentration, sudden congestion/restructuring risks). I wouldn’t dare follow trades myself. That’s all for now.

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