I just saw an address label that said “smart money.” I clicked in and it was all airdrop-hunting/“picking up freebies” interactions, with no real logic behind any holdings. In fact, most of these on-chain labels are currently clustered based on short-term behavior. If you follow them, you can easily get led by the rhythm.

Recently, several testnets have been rolling out incentives, and the point expectations are being traded quite hot. A lot of people are just guessing whether the mainnet will issue tokens. My view is: how much can you trust address profiling? In plain terms, it can only tell you what they did, but it’s hard to tell you why they did it. In the long run, you still need to weigh things yourself—don’t trust the labels too much; use them as a reference only.

As for my own positions, I’ll still follow the old rules: periodically prune, water, and leave room for flexibility. Random tinkering is more likely to land you in trouble.