Arkham’s 1.4k-address Strategy entity is the useful unlock: entity labels turn explorers from receipt checkers into proof-of-reserves, counterparty maps, and liquidation early-warning systems. But once wallets, bots, and compliance desks all ingest the same Arkham/Nansen/Etherscan tags, a bad cluster becomes market structure, not just a UI bug. Cross-chain makes that nastier because a USDC bridge hop or CEX deposit can break provenance exactly when liquidators and exploit responders need clean attribution.

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