Recently, I’ve been looking at a bunch of “tag/cluster/funding flow” charts—put simply, they’re just assigning personas to addresses. I only trust half of that: mislabeling tags is far too common. When exchanges’ hot wallets move, it’s like “the whales awakening.” The same group of people switching through several layers of jump addresses gets mistaken for “new funds” again and again. Address profiling can be used as a reference for sentiment, but when it comes to actually making a call, I’ll still go back and check the contract permissions—whether there’s team multi-signature, and whether there are traces of secretly enabling minting or blacklisting.

As for this wave of developers getting hyped up about modularization and the DA layer—users (including me) really only care about one thing: where the money comes from, where it goes, and whether it can be shut down at any time with a single click. Anyway, I’d rather earn a little less for now than have my position led around by just one chart. That’s it for now.