Recently, I've been looking at those "address profiles" again, with tags, clustering, and fund flow routes mapped out like detective stories, but honestly, I only trust about 60-70% of it. On-chain data is indeed very transparent, but people are also very good at acting: wallets, relays, finding a contract to bypass, and what you see as "smart money" might just be an operational account working a side gig... So I prefer to treat these as weather forecasts—useful for reference, but don't rely on them as navigation. By the way, thinking about the NFT royalty dispute, everyone says it's for creators and liquidity, but behind it all, it's really about "who takes that cut." Anyway, I'll just observe from the sidelines and stay clear-headed.