Recently, I was watching the order book and, while I was at it, took a look around at on-chain address profiling. I found that some labels are really quite strange. For instance, if an address frequently interacts with a certain new L1, it gets tagged as an “early contributor” or a “liquidity provider.” I clicked in and checked—its fund flows basically follow a simple rhythm: the money comes in, then gets dug out/harvested, and after that, it gets withdrawn and sold. The “dig–harvest–sell” pattern that veteran users complain about isn’t really just a meme. In plain terms, the labels and clustering are more like probabilities for machines—they’re not verdicts handed down to people. I do the same sometimes: cancel an order and re-post it. So if I were labeled as a “hesitant trader,” I wouldn’t be surprised either. Anyway, these days I just look at address profiles for kicks. If you really want to trust them, you’re better off looking at a few more actual executed trades and net fund inflows—relying only on labels can easily come with built-in bias.