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Why a single ERC‑20 transfer can mislead you: an analytics case study for Ethereum users and developers

Surprising fact: on Ethereum, a single ERC‑20 “transfer” visible in a block explorer can represent anything from a simple wallet-to-wallet payment to a multi-contract reorder that moved tokens but didn’t change ultimate ownership. That mismatch between surface labels and underlying intent is the source of repeated confusion for wallets, auditors, traders, and compliance teams in […]