Recently, some people have been using address clustering maps as "truth," claiming that once you draw this line, you can tell who is secretly dumping... When I was mining, I wouldn't have been so confident even looking at the hash rate. Frankly, labels/clusters are more like "probability profiles," and when exchange hot wallets, custody, multi-signature, and cross-chain bridges get mixed together, they can group you and me into "the same person." Especially when the fee rate is extreme, and the group is arguing whether to reverse or continue squeezing the bubble, I actually want to see the real flow on the settlement layer: whether funds are repositioning or just the same batch of addresses passing hands to create noise. One more reminder: I take simple explanations as traps—if you see a "one-sentence explanation of fund flow," don't rush to believe it, leaving a question mark is never a bad idea.