Recently, someone used "tags + clustering + fund flow" to give me address profiling, basically labeling wallets: this is a whale, this is a project team, this is a yield farmer... It sounds plausible, but don’t take it too seriously. By rerouting, splitting funds, crossing multiple chains, and mixing in some common protocols, the profile immediately shifts from "smart money" to "passersby retail investors."

Airdrop season is even more outrageous. Task platforms pretending to be anti-scammer agencies look like household registration checks, and the point system forces yield farmers to compete like clocking in at work. As a result, address behaviors increasingly resemble "template assignments," and clustering is more prone to misidentification/misjudgment. If you really want to use profiling, don’t jump to conclusions based on a single label: observe what routing they use long-term, when they’re willing to accept slippage, how often transactions fail, and if their gas habits suddenly change. Labels are best used as hints, not as evidence, especially don’t treat them as beliefs.