I find that I’m not as easily excited by those "coincidence transfers, right?" charts as I used to be… Now I’m used to breaking down the path first: starting from the first deposit point, tracing a few hops to see if it’s the same set of routes, the same sequence of token swaps, or even the same final address gathering the funds. Many so-called coincidences are actually just a convoluted pipeline, which you get tired of looking at.

Recently, the NFT royalty issue has been heatedly debated. I think it’s similar to this kind of path problem: on the surface, it’s about “whether to pay creators,” but underneath, it’s really about who has the right to insert themselves into the transaction path and take a cut. If they take too much, liquidity will flow away; if they take too little, creators won’t make a living… Anyway, on-chain, emotions don’t matter—only the path does.

My main way to stay calm is a small habit: when I see provocative information, I don’t share it immediately. Instead, I put the transaction hash into a tab and leave it for five minutes. After the urge of “I get it” passes, I go back and look at the details. Usually, I won’t be led astray. That’s how I start.