Recently, I've been looking at address tagging/clustering again. To be honest, it's quite useful, but it's also easy to get "carried away" by it... The same batch of addresses can look like market makers today and retail investors tomorrow. On-chain profiling is more about probabilities, not IDs. Especially in the group, when someone forwards news about stablecoin regulation, reserve audits, or a rumor about "potential de-pegging," emotions quickly turn tags into truths. I actually prefer to first look at whether there's continuity between exchange inflows and a few large transactions; otherwise, you're just scaring yourself.

I'm not aiming to complete the entire map in one go now. I’ve set a smaller goal: just verify one chain of evidence, like "Are these inflows from the same type of wallet?" or "Is the market sentiment changing accordingly?" Once done, that's it. This approach actually helps me stick to it better—less overthinking, more leaving traces. Let’s start with this.