Recently, I keep seeing people use "tags/clustering" as a holy decree, saying that large on-chain transfers are smart money, and that movements of hot and cold wallets on exchanges mean a price pump is coming... I find it a bit funny but also a little anxious. Frankly, address profiling is mostly just a reference; trusting it at 60-70% is already quite bold: the same group of people can change addresses as quickly as changing socks, exchanges can adjust holdings, market-making transfers, or even phishing gangs can wash a bunch of coins, all of which can lead you astray.

What I truly pay attention to as a "signal" is actually quite simple: after this money transfer, does the subsequent interaction look like normal behavior (for example, suddenly interacting with a bunch of new contracts, granting permissions randomly), and also whether the source of the tags is reliable, who labeled it, and if there's an evidence chain. Don't just focus on "who is moving," but also think about "why are they moving." Anyway, I’d rather miss out than be fooled by a screenshot into clicking a link to authorize, because losing the private key is the real endgame.