Recently, someone has been showing a bunch of "tags/cluster" screenshots to scare people: this address is a fund, that address is market making... Honestly, I only believe half of it. On-chain looks transparent, but you never know if it's one person with multiple accounts, if it's a proxy, or if it's all just for show. When watching fund flows, I care more about slippage and liquidity changes—those sudden withdrawals and quiet re-entries are more honest than trying to figure out "who is who."

Airdrop season is also quite surreal, with task platforms both opposing witches and running points systems, and the grab-and-go crowd competing as if clocking in for work. A few days ago, I also followed a "address profiling master," and after watching for a while, I realized he just makes uncertain things sound very certain... Later, I thought, just unfollow; no need to get caught up in his narrative. Anyway, I treat tags as a warning sound, not a verdict.