Lately I've been looking at address tagging/clustering again, basically assigning personas to wallets: exchanges, whales, smart money... It looks cool, but I'm increasingly skeptical about trusting it completely. A person using multiple wallets, mixing custodial wallets, crossing chains, their profile instantly becomes "looks like."

Now I only treat it as a hint: whether addresses of the same type have rhythmic net inflows/outflows during the same period, and whether it matches my interval plan.
If it doesn't match, don't force an explanation; I'm most afraid of changing my strategy on the fly to chase after it.
By the way, recently retail investors have been complaining about validator income and unfair MEV ordering... Indeed, on-chain "fund flows" sometimes feel like they've been cut in line, seeing anomalies surge and then go back.
I just treat it as noise, follow my stop-loss line, and do it this way for now.