Recently, people keep using address profiling as a way to interpret zodiac signs—once they slap on labels like “whales / smart money / institutions,” they start imagining a whole storyline… After watching the mempool for so long, all I want to say is: profiling can be a reference, but if you trust it too much, you can easily be played back on. The same goes for fund flows—once you run a clustering analysis, it looks like a big fish swimming around, but it might actually be the same set of tools shuttling assets back and forth, or it could be nothing more than performance meant to deceive you.

The “social mining” approach is even more like that: treating attention like a mine, and in the end, are we mining value or mining emotions… I really don’t know. Anyway, every time things heat up, the on-chain scene gets especially “lively,” but that doesn’t necessarily mean it’s more “real.”

If I could keep only one habit: when you see a label, be suspicious of it first.