errol_morris I'd love to find out if Instagram allows its advertising data to be read by any other app, and if any other app allows its data to be read by Instagram. If anyone could answer that with some amount of certainty (in the negative), I'd install Instagram on my Graphene device.
I suspect a negative answer with certainty is unlikely. For one thing, it is plausible that other apps owned by Meta (Facebook, WhatsApp) might share information for user convenience (or perhaps for other reasons).
I don't know, but these days it's possible that Instagram requires Google Play, in which case it would be communicating about something with Play.
But a larger problem is that a fairly careful examination of Instagram's app today would provide zero assurance about the next release of Instagram.
Running Instagram in a dedicated user profile would make it harder for it to find out things about the device, but not as hard as putting it on a dedicated device.