Last night I saw someone arguing loudly about "on-chain data," saying which address dumped tokens or which contract ran away. At first, I believed that chart too, but then I realized I was actually looking at a "processed product" generated by some RPC + indexer: nodes didn't keep up, caches weren't refreshed, and after reassembling, everything looked different. To put it simply, you think you're watching a live broadcast, but it's actually a delayed replay with edits. When the on-chain game economy collapses due to inflation, studio bots, and a price spiral, people prefer to grab "on-chain evidence" to find scapegoats, but the evidence itself can also be delayed... Anyway, when I look at on-chain data now, I first ask about the source, check the block height, and don't rush to conclusions.