I'm starting to record those on-chain activities that look like "coincidental transfers": for example, several addresses bouncing back and forth within the same hour, or just getting stuck in a certain pool, then transferring out after swapping. In the past, I would directly attribute this to "someone laundering" or "bots playing," but now I force myself to analyze the path: where it came from, how many hops it took, what each hop seems to be doing (adding collateral? switching to a lower-fee route? or just testing). The biggest benefit of keeping track like this is that my mindset stays more stable; I won't jump to grand conclusions just from a string of transactions, and I won't be so easily scared off from canceling orders.



Recently, AI agents and automated trading have been hyped up quite a bit, but the more on-chain interactions become automated, the more I worry about security details being overlooked... Anyway, I prefer to go slower, take a closer look at authorizations and fund flows, and avoid suffering a loss from rushing in.
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