Lunchtime scrolling through on-chain tags like "Smart Money / Whales / Farmers" — honestly, just believe half of it… Address profiling is often just clustering + guessing. Swap a middle address, split a few transactions, do some cross-chain washing, and suddenly from "institutional" to "retail." Especially with all the recent testnet incentives and token expectations pushing people to become detectives, watching fund flows every day and guessing whether the mainnet will issue tokens or not — basically, everyone is just looking for evidence to support their emotions. My approach is still simple: observing behavior patterns (frequency of entry and exit, order placement habits, LP holding time) is more reliable than just looking at names. Don’t get caught up following a label, or you’ll end up suffering from your own emotional volatility.