Recently, I've been messing around with address profiling and those tagging/clustering methods. Basically, giving a bunch of addresses nicknames 0x, then pretending to understand the flow of funds. It's quite useful, but also pretty mysterious: if one person runs around with three wallets, tags are like sticking sticky notes on the wind—only if they stick well. I only trust half of the profiling now; the other half I verify with TVL and temperature gauges. It's lively, but don’t fool yourself.

By the way, on Layer 2, they’ve started comparing TPS, fees, and subsidies again, with round after round of mouthwatering battles... On-chain fund flows are pretty honest: subsidies open the floodgates like discounts, people rush over, and after the event ends, everyone disperses. Next time, I might also make a comparison table for "tag credibility," listing A/B/C, or I won’t be able to fit so many plots into my head.