I dug up a few more on-chain address profiles, and the more I looked, the weirder it got. People say address labels can reveal fund flows and sentiment inflection points, but honestly, the studio-related addresses I found are laundered like an institution, while retail addresses actually look like whales. That wave of on-chain games was even more obvious: a bunch of “diligent and hardworking” interaction addresses turned out to all be studio scripts running. Once the coin price crashed, the profiles were basically useless paper. It feels like you only need to trust address profiling six or seven times out of ten—what about the rest…