Recently, I saw someone pointing at large on-chain transfers and hot/cold wallet movements on exchanges, shouting "Smart money is here," and I always hold back... Frankly, that might just be internal rebalancing. When it comes to assessing credibility, I care more about three things: GitHub, audits, and multi-signature upgrades.

I don't look at stars on GitHub; mainly I check if there are recent commits and bug fixes, and I also glance at whether community questions in the issues are being responded to, otherwise it feels like an empty city. For audit reports, don’t just look at "pass"; I look for "known risks/uncovered scope" and whether the recommendations have been addressed afterward. The most important thing is the multi-signature upgrade: who can operate the contract, how many keys, and whether there is a timelock (giving you reaction time). This is more decisive for whether you can sleep well than just whether the funds are at a certain address.

Anyway, whenever I see the words "smart money," my mind automatically jumps to "who holds the multi-signature." I also get tangled, but pulling up the table makes me feel more at ease.