How I made over $16000 in one trade using @Blockpour
5 months ago, I was looking into learning EVERYTHING about on-chain analytics
Nansen seemed to be the only viable option
Because I didnât understand Etherscan â at the time
But Nansen was quite expensive for me
So when I heard about trying out the beta for BlockpourâŚ
Nansen seemed to be the only viable option
Because I didnât understand Etherscan â at the time
But Nansen was quite expensive for me
So when I heard about trying out the beta for BlockpourâŚ
I was sold!
And if you read this youâd be too!
Hereâs a quick Blockpour guide in 8 tweets â my $16k trade guide at the end
And if you read this youâd be too!
Hereâs a quick Blockpour guide in 8 tweets â my $16k trade guide at the end
1/ Introduction
Blockpour is an analytics platform that aggregates on-chain data into useful & tradable information
Why should this be important to you?
As a DeFi trader, you need to have a pulse on EVERYTHING onchain â if you donâtâŚ
You leave a LOT of money on the table
Blockpour is an analytics platform that aggregates on-chain data into useful & tradable information
Why should this be important to you?
As a DeFi trader, you need to have a pulse on EVERYTHING onchain â if you donâtâŚ
You leave a LOT of money on the table
2/ IMPORTANT Blockpour Sections
1ď¸âŁ Network Trade Count
2ď¸âŁ RugPulls
3ď¸âŁ Top Movers
4ď¸âŁ Liquidity Pool Activity
5ď¸âŁ Live Trades
6ď¸âŁ Trending Tokens
Iâm now going to show you how to use all of these:
1ď¸âŁ Network Trade Count
2ď¸âŁ RugPulls
3ď¸âŁ Top Movers
4ď¸âŁ Liquidity Pool Activity
5ď¸âŁ Live Trades
6ď¸âŁ Trending Tokens
Iâm now going to show you how to use all of these:
1ď¸âŁNetwork Trade Count:
This counts the number of trades that have taken place on a blockchain in 7 days
Importance:
Letâs say you want to make a quick 2x âŚ
Knowing the network trade count would be a good head start to know where people are taking trades
This counts the number of trades that have taken place on a blockchain in 7 days
Importance:
Letâs say you want to make a quick 2x âŚ
Knowing the network trade count would be a good head start to know where people are taking trades
2ď¸âŁRugpulls
Blockpour tracks all liquidity pool actions as they occur live - that includes liquidity pool adds and removals
With an indexer that automatically searches for any liquidity pool action that results in 90% liquidity removal in a single action
It is then rug flagged
Blockpour tracks all liquidity pool actions as they occur live - that includes liquidity pool adds and removals
With an indexer that automatically searches for any liquidity pool action that results in 90% liquidity removal in a single action
It is then rug flagged
3ď¸âŁTop Movers
You can pick the blockchain you want to check the top movers
Arbitrum, Optimism, Ethereum⌠and so on
Importance:
Tokens that appear in âTop Moversâ give you a hack about what investors are eager to trade
You can pick the blockchain you want to check the top movers
Arbitrum, Optimism, Ethereum⌠and so on
Importance:
Tokens that appear in âTop Moversâ give you a hack about what investors are eager to trade
4ď¸âŁLiquidity Pool Activity
Shows real time addition or removal of liquidity across all network liquidity pools
Degen farmers who want to know what pools are active for a quick profits can make good use of this
Shows real time addition or removal of liquidity across all network liquidity pools
Degen farmers who want to know what pools are active for a quick profits can make good use of this
5ď¸âŁLive Trades
Shows real time token swaps across all blockchains
You can pick the size of trades you want to see by clicking âallâ ($100, $1000, $5000, $10000)
I particularly use this with $5k-$10k to see what tokens whales are buying
Shows real time token swaps across all blockchains
You can pick the size of trades you want to see by clicking âallâ ($100, $1000, $5000, $10000)
I particularly use this with $5k-$10k to see what tokens whales are buying
6ď¸âŁTrending Tokens
Shows tokens with the highest trade count and updates hourly
Itâs best to click on other pages as the first page shows USDT, BNB and ETH which arenât what youâre to look at
Shows tokens with the highest trade count and updates hourly
Itâs best to click on other pages as the first page shows USDT, BNB and ETH which arenât what youâre to look at
How I made $16000 in 1 trade
This took a lot of time. I had to sit on the platform for a week and study the strategies that could work
What mainly helped?
Tbh?
- Trending Tokens
- Live Trades
For live trades I noticed that USDT takes a large portion of trades andâŚ
This took a lot of time. I had to sit on the platform for a week and study the strategies that could work
What mainly helped?
Tbh?
- Trending Tokens
- Live Trades
For live trades I noticed that USDT takes a large portion of trades andâŚ
When people swap large amounts of USDT, 70% of the time theyâre taking profits
But the few big buys that come are from traders that have good track record
So I track their transactions using Etherscan
This is where your understanding of on chain analysis comes in
But the few big buys that come are from traders that have good track record
So I track their transactions using Etherscan
This is where your understanding of on chain analysis comes in
My winning trade came from tracking 1 trader who always bought large amount of tokens ($1k to $5k)
Plus I found the token on trending tokens which aided my conviction
This is a strategy that works for me
Plus I found the token on trending tokens which aided my conviction
This is a strategy that works for me
I set up my maestro bot to copy trade his trades and bought this token in December for $1200
Early last week the token was worth $16000 and I sold for profits
Of course youâd make losses with this
But whatâs a little loss compared to 20X gains?
Early last week the token was worth $16000 and I sold for profits
Of course youâd make losses with this
But whatâs a little loss compared to 20X gains?
Now Blockpour is giving access to an on-chain data API
Importance:
Unlocks MORE data
So if you feel you want to keep making moneyâwithout stressâŚ
Login here đ and generate an API token
app.blockpour.com
Importance:
Unlocks MORE data
So if you feel you want to keep making moneyâwithout stressâŚ
Login here đ and generate an API token
app.blockpour.com
Proposed upgrades
This is my opinion as a trader
There needs to be more tokens with low mcap available to track their live trades
Thatâs that for me
What do YOU think Blockpour should add to be better ?
This is my opinion as a trader
There needs to be more tokens with low mcap available to track their live trades
Thatâs that for me
What do YOU think Blockpour should add to be better ?
Thatâs a wrap!
If you liked this thread:
Follow @Blockpour & @defiprincess_ for more threads & on chain insights
If you liked this thread:
Follow @Blockpour & @defiprincess_ for more threads & on chain insights
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