Lately, I keep seeing various address profiles and tag clustering, talking about smart money coming in or whales dumping… I admit I get tempted to follow, but honestly, I don’t really believe it. An address today looks like a “steady large holder,” but tomorrow it could just be someone splitting a position or an exchange hot wallet making a move, and the tags immediately become unreliable. Especially now with the testnet incentives, everyone’s scrambling for points, and the on-chain fund flows look lively, but the emotional component is way too high. The speculation about mainnet launching tokens just adds to the noise, making the data more like static in a magnifying glass.

Now I see tags only as a thermometer, not as a navigation tool. At most, they remind me not to rush in at the hottest moment. Anyway, my ice cream position, as soon as the sun hits it, I want to run… and then I regret not holding on. But at least I won’t be led around by the nose by those four words: “smart money.” A thermometer is just a thermometer, not a steering wheel.