Just now, my phone popped up a red dot again: a reminder that a certain "smart money address" is entering the market... I stared at it for a while, and the more I looked, the more it seemed like those labels/clusters that forcibly group a bunch of addresses into "the same group of people." To be honest, address profiling can be referenced, but don’t take it too seriously; some are hot wallets from exchanges being moved around, some are split positions from airdrops, and some can even be manipulated by flipping the left and right hands to fool on-chain radar into thinking there’s a "fund flow."


Right now, I just take a sip of coconut water to calm down when I see these notifications, and I also check the L2 fee and bridge traffic—at least those kinds of changes are harder to fake. Recently, I keep seeing news about tax increases, tightening/loosening of compliance, and so on. When deposit and withdrawal expectations change, many "funds flowing back or fleeing" are actually just people getting scared first; no matter how beautiful the on-chain charts look, they can’t fully explain it...
Anyway, I’ll take it slow and not be led astray by a single push notification.
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