Recently looking at a bunch of "address profiling/fund flow clustering" reports, I feel it's just for reference, not to be taken seriously. To put it simply, labels are too easy to feed data into: multi-signature swaps, router turns, multiple layers of transfer, immediately transforming from a "whale" to a "retail investor," looking like a performance on the chain. Airdrop season is even more exaggerated; the stricter the anti-snipe tasks on the platform, the more everyone acts like they're working, rolling KPI like at a job, and as a result, the profiles become even less credible—those same people can develop over a dozen "personalities." Now, when I look at order books/liquidity depth, as long as I encounter labels that are unclear or fund flows that suddenly become cleaner, I first take a screenshot… Anyway, comparing later, it's quite useful.

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