In the past few days, I’ve been looking at fund flows on the chain, and I casually clicked on a few “whale/smart money” tags. The more I look, the more I feel it’s a bit like mysticism: the same address is sometimes labeled as an institution, and other times as a retail trader’s temporary position… Plus, with hardware wallets out of stock and phishing links everywhere, many people simply don’t operate with their main addresses, switching to new wallets, splitting positions, or using intermediaries, which makes the tags even more prone to drift.

My current attitude towards address profiling is: it can be referenced, but don’t take it as gospel. Honestly, tags are just “a summary of historical behavior,” not a guarantee of “what will definitely happen next,” and fund flows are about direction, not conclusions. I prefer to focus on those paths that repeatedly appear (like fixed times, fixed counterparties, fixed rhythms), then combine valuation and catalysts to gradually pick up bargains; I won’t chase hot topics no matter how loud they are, first ensuring safety, so that one phishing attack doesn’t wipe out long-term strategies.