I’ve been tracking #crypto whales for over half a year.
Some are over 7000% in profit and I’m obsessed with following the smart money, you can too!
Here’s a complete guide of how to find and track profitable whales. (Plus tools)
Let’s jump right in 🧵
Some are over 7000% in profit and I’m obsessed with following the smart money, you can too!
Here’s a complete guide of how to find and track profitable whales. (Plus tools)
Let’s jump right in 🧵
I’ll be showing you
1️⃣ How to find whales
2️⃣ How to view & track their wallets
3️⃣ How to scan tokens for red flags
4️⃣ How to analyse token distribution
5️⃣ How to avoid honeypot scams
6️⃣ How to set up wallet tracking notifications
Let's get into it!
1️⃣ How to find whales
2️⃣ How to view & track their wallets
3️⃣ How to scan tokens for red flags
4️⃣ How to analyse token distribution
5️⃣ How to avoid honeypot scams
6️⃣ How to set up wallet tracking notifications
Let's get into it!
1️⃣ How to find whales
Visit @dexscreener or @GeckoTerminal
- Choose new pairs, gainers or a chain.
- Explore any interesting pairs (perhaps tokens that pumped 100% in past 24hrs)
- Click on the pairing, then copy the token address
Visit @dexscreener or @GeckoTerminal
- Choose new pairs, gainers or a chain.
- Explore any interesting pairs (perhaps tokens that pumped 100% in past 24hrs)
- Click on the pairing, then copy the token address
Then visit @bubblemaps
- Paste the token address you copied
- You can now see a bunch of wallets that hold or held this token across multiple time frames.
- You may choose any with activity (large wallets most likely belong to exchanges)
- Then copy the wallet address
- Paste the token address you copied
- You can now see a bunch of wallets that hold or held this token across multiple time frames.
- You may choose any with activity (large wallets most likely belong to exchanges)
- Then copy the wallet address
2️⃣ How to view & track their wallets
I’ll show 3 tools for this.
@zerion - Easy to use (can add wallets to watchlist)
@ArkhamIntel - Good to identify exchange wallets
@DeBankDeFi
- Paste wallet address
- View all holdings and transactions (⚠️ Be careful of “received” tokens )
I’ll show 3 tools for this.
@zerion - Easy to use (can add wallets to watchlist)
@ArkhamIntel - Good to identify exchange wallets
@DeBankDeFi
- Paste wallet address
- View all holdings and transactions (⚠️ Be careful of “received” tokens )
3️⃣ How to scan tokens for red flags
@DeDotFi ’s Scanner can be used to spot red flags in tokens such as:
- Contract's safety
- High-risk features
- Liquidity
- Token distribution
@DeDotFi ’s Scanner can be used to spot red flags in tokens such as:
- Contract's safety
- High-risk features
- Liquidity
- Token distribution
- Head over to de.fi
- Paste the contract address
We can now view some of the security concerns of the token.
- Paste the contract address
We can now view some of the security concerns of the token.
4️⃣ How to analyse token distribution
Token distribution is essential in avoiding scams. We’re gong to be using @bubblemaps.
An example of bad token distribution
Interconnected wallets account for 13% of the the supply.
17/20 top holders have all interacted with each other 🚩.
Token distribution is essential in avoiding scams. We’re gong to be using @bubblemaps.
An example of bad token distribution
Interconnected wallets account for 13% of the the supply.
17/20 top holders have all interacted with each other 🚩.
That tells us these wallets are most likely controlled by the same group on individuals and are capable of dumping.
This is what a healthier token distribution and transaction trail looks like.
If the first few really large wallets belong to exchanges, thats ok.
This is what a healthier token distribution and transaction trail looks like.
If the first few really large wallets belong to exchanges, thats ok.
5️⃣ How to avoid honeypot scams
If you see a token worth just $200- $5,000 in a whale’s wallet, that could very likely be a scam.
That token may not have been traded by the wallet owner, but instead sent to the wallet to use as bait so wallet trackers ape into it.
If you see a token worth just $200- $5,000 in a whale’s wallet, that could very likely be a scam.
That token may not have been traded by the wallet owner, but instead sent to the wallet to use as bait so wallet trackers ape into it.
How do we avoid that?
- Avoid tokens in small amount $200- $5,000 (in whale wallet) unless it was traded
- Avoid “received” tokens, unless in a very large amount as that could be OTC deal.
@zerion has a feature to filter traded, sent and received tokens.
- Avoid tokens in small amount $200- $5,000 (in whale wallet) unless it was traded
- Avoid “received” tokens, unless in a very large amount as that could be OTC deal.
@zerion has a feature to filter traded, sent and received tokens.
6️⃣ How to set up wallet tracking notifications
- Go to t.me
- Click start
- Click add then click wallet
- Select chains then click done
- Paste wallet address and send
- Enter label for wallet address
- Done ✅
- Go to t.me
- Click start
- Click add then click wallet
- Select chains then click done
- Paste wallet address and send
- Enter label for wallet address
- Done ✅
Everything in this thread is my personal view and not financial advice.
If you like insights like these, join our free TG fam for more whale wallet insights:
t.me
If you like insights like these, join our free TG fam for more whale wallet insights:
t.me
I hope this brought value to you. If you gained from it please :
Like, RT & follow for more 🙏🏽
Like, RT & follow for more 🙏🏽
Loading suggestions...