Last night during the night shift, I kept an eye on the fee rate, and casually looked at the on-chain addresses labeled as "tags/clusters/smart money," to get a sense of them. Honestly, they can only serve as a reference; trusting them too much can easily lead to a mistake... I almost got into trouble. Seeing a wallet marked as a big holder that kept adding to its position, I got tempted and followed with half my position, only to realize later that those addresses were scattered collections, like market-making/OTC arbitrage flows, not directional trades. Luckily, I cut my losses quickly, or I’d probably be here complaining today.

Now, seeing social mining and fan token schemes that promote "attention as mining," it’s also quite similar to address profiling: it looks like there’s data and a story, but you don’t really know who’s behind the "moving" it. Anyway, I have only one approach: tags can only hint at risks, and when it comes to placing actual orders, it’s still about whether you can handle the risk. If you’re wrong, just run; don’t fall in love with the narrative.