Recently, I've been analyzing various address profiles and label clustering again, with tags like "smart money," "whales," and "market making" stuck on like stickers... Honestly, I also enjoy looking at them, since I’m too lazy to sift through a bunch of on-chain records. But how much of it can I really trust? Probably about 70% guesswork, 30% luck. An address could be a team’s cold wallet, or it could be someone’s split account to avoid suspicion; when the label changes, everything can go off track.

These days, the calendar for staking unlocks and token unlocks has been repeatedly mentioned, and everyone is speculating about selling pressure. I get a bit nervous too, then I can’t help but look for screenshots of “who’s transferring coins early”… I admit, sometimes I genuinely envy those who are early and smooth in their moves—those quick hands aren’t just earning from information, but from guts.

Now I prefer to think of profiles as a “sentiment thermometer,” not a navigation tool. If I really want to act, I still look at how deep the liquidity is and whether the order book is thin—don’t be led by a label. Never mind, that’s how it is for now.