Today I saw in the group chat again saying, "This transfer is just too coincidental," my first reaction: don't jump to conspiracy theories, many on-chain coincidences can actually be broken down into a very ordinary process. For example, A sending to B, looks like a secret code, but it's actually withdrawing from an exchange → passing through a pooling address → then being distributed by a script to a bunch of new wallets, and if the timing lines up just right, it seems "mysterious." I'm now used to first checking the source of funds, who the previous hop was, whether there are other transfers with the same gas rhythm, and I can usually tell the story clearly.

Of course, there are also those that "make you more angry when you connect the dots": with MEV (front-running and sandwich attacks), the sorting is unfair, retail investors see on-chain like watching magic, validators' earnings increase happily, and we guess and speculate below... Anyway, I first explain all the understandable parts, and the rest is just paying tuition, don’t get too caught up.