Recently, I saw a bunch of "tags + clustering" used to profile addresses, saying that these wallets are the same group, or that some are smart money... It sounds pretty mysterious, but honestly, it's just a game of probabilities. Changing the intermediary, peeling off a few layers, doing a cross-chain transfer, and the profile immediately becomes like navigating in fog, pointing nowhere accurate. Moreover, when the funding rate hits an extreme, the group argues whether to reverse or continue squeezing the bubble. I think many "smart money" are actually just ordinary people following liquidity flows; when emotions run high, everyone looks like a big player. If you ask me, if I could only keep one habit: just watch the net inflow/outflow, don’t be too superstitious about address personas.