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Have you noticed that looking at on-chain address labels now feels like reading horoscopes—"smart money," "whales," "institutions"—people slap on a label and dare to copy trade.
I don't buy it anyway. The same address chases rug pulls today and farms airdrops tomorrow. Which transaction does the labeling system actually count? Not to mention those specialized address cleaners—the shinier the label, the more suspicious the background.
Recently, cross-chain bridges went down, oracle feeds went haywire, and suddenly everyone started counting confirmations. Simply put, no matter how flashy the label, it can't beat a rollback. No matter how detailed the fund flow map, after a chain reorganization, it's all worthless.
Now I treat address profiles as just a reference. I only make a real judgment after enough confirmations have piled up. Belief? After getting stuck in a few block confirmations, you'll learn to be humble.