Recently I’ve been looking at some address profiling tools—labels, clustering, and fund-flow analysis. To put it bluntly, it’s kind of like putting patchwork stickers on a wallet: the colors are very rich, but are they really the same person… I can’t say I believe it all. Especially when a lot of people love to use “smart money” as a filter. The moment they see a label, they get an itch to chase after it. Then once the attention shifts, that wave of memes and celebrity shilling—basically the ones who take over at the end are usually all in their emo era.

What I care about more right now is: which NFTs/exhibitions this address has interacted with, whether the royalties have been bypassed, and whether the holder is just a bunch of “friendly insiders” passing things back and forth with each other. Sometimes even loading on-chain data requires refreshing/retrying—after waiting in line for half a day just to get a chart, I end up thinking: yeah, maybe I’m just overthinking it… In any case, I’ll slow down first, see clearly before I make any moves.