Dox whale wallets to maximise your portfolio gains.
@Daryllautk and @Darrenlautf sat down with @nansen_ai and gave us a strategy.
Here's the alpha you need to use it🧵
@Daryllautk and @Darrenlautf sat down with @nansen_ai and gave us a strategy.
Here's the alpha you need to use it🧵
To begin with,
This Office Hours episode with @nansen_ai was insightful and I highly recommend you watching it.
I will try to cover the most important points.
Let's begin...
This Office Hours episode with @nansen_ai was insightful and I highly recommend you watching it.
I will try to cover the most important points.
Let's begin...
/1 The Strategy
Firstly you need to understand smart money.
Smart money is money usually owned by whales.
It is money that makes the most profits.
Firstly you need to understand smart money.
Smart money is money usually owned by whales.
It is money that makes the most profits.
/2 Using Nansen
The majority of us are familiar with Etherscan.
However it doesn't let us aggregate data and track inflows as well.
For this- I highly recommend using Nansen.
The majority of us are familiar with Etherscan.
However it doesn't let us aggregate data and track inflows as well.
For this- I highly recommend using Nansen.
/3 Where To Begin
Go to smart money token inflows
Identify tokens you've not seen before
Click those tokens
Open them in a new tab-- and let the investigation begin.
Go to smart money token inflows
Identify tokens you've not seen before
Click those tokens
Open them in a new tab-- and let the investigation begin.
/4 Using History
Open these tokens in token god mode.
You want to identify what's been happening over the last few days/weeks.
Sort by volume of transactions and scroll through.
That way you don't have to view small transactions.
Open these tokens in token god mode.
You want to identify what's been happening over the last few days/weeks.
Sort by volume of transactions and scroll through.
That way you don't have to view small transactions.
/5 Hunting Whales
You should be able to identify some smart money wallets e.g. Binance/Sequoia
Some will come identified.
Others will not.
It is your job to dox these unknown wallets as best as you can.
You should be able to identify some smart money wallets e.g. Binance/Sequoia
Some will come identified.
Others will not.
It is your job to dox these unknown wallets as best as you can.
/6 Etherscan
If a transaction catches your interest- open it up in Etherscan.
There are certain ways to see if tokens are private sale tokens.
For example if its deployed from Deployer, it is a private sale token
This is where things get interesting...
If a transaction catches your interest- open it up in Etherscan.
There are certain ways to see if tokens are private sale tokens.
For example if its deployed from Deployer, it is a private sale token
This is where things get interesting...
/8 Assumptions
If there are no smart contract tags
You ned to hypothesise.
Typically larger VCs lead the greater amount of the round
They tend to have more of the fund raise.
Out of Binance and DragonFly Capital, assume Binance owns a greater part of the raise, e.g.
If there are no smart contract tags
You ned to hypothesise.
Typically larger VCs lead the greater amount of the round
They tend to have more of the fund raise.
Out of Binance and DragonFly Capital, assume Binance owns a greater part of the raise, e.g.
/9 Identifying the whale wallets
You can then set notifications on Nansen to track them fully.
So whenever they start to move money around - you are notified.
If thy are selling, you can front run them and sell first- or avoid price dumps.
You can then set notifications on Nansen to track them fully.
So whenever they start to move money around - you are notified.
If thy are selling, you can front run them and sell first- or avoid price dumps.
/10 Unknown Wallets
They create new wallets because they don't want to be doxxed easily.
They don't want you tracking their on-chain activity
If you can dox them- you stand to benefit hugely.
Especially if you strategise your investment approach around them.
They create new wallets because they don't want to be doxxed easily.
They don't want you tracking their on-chain activity
If you can dox them- you stand to benefit hugely.
Especially if you strategise your investment approach around them.
/11 The Rise of On-Chain
This is another reason why on chain analytics are becoming increasingly popular.
If you are investing, you want to know what is going on with the tokens- directly from a reliable source.
This is another reason why on chain analytics are becoming increasingly popular.
If you are investing, you want to know what is going on with the tokens- directly from a reliable source.
/12 Finding A Wallet
Go to an unidentified wallet with a large amount participated in a seed round e.g.
Open wallet profiler by right clicking on the name
You can view their holdings.
You can also then view the top interacting wallets.
Keep diving into their rabbit holes.
Go to an unidentified wallet with a large amount participated in a seed round e.g.
Open wallet profiler by right clicking on the name
You can view their holdings.
You can also then view the top interacting wallets.
Keep diving into their rabbit holes.
For example, they may have participated in multiple rounds of investing.
You can use various external websites to identify players.
Narrowing down your search hugely.
Eg if Binance invested in 3 seed rounds- and it comes up in the wallet.
It is likely a Binance wallet.
You can use various external websites to identify players.
Narrowing down your search hugely.
Eg if Binance invested in 3 seed rounds- and it comes up in the wallet.
It is likely a Binance wallet.
/13 Curiosity
If you see tokens you haven't seen before
investigate them -- be curious.
Especially if they are within a whale wallet's holdings.
Smart money is SMART because it tends to know what its doing.
If you see tokens you haven't seen before
investigate them -- be curious.
Especially if they are within a whale wallet's holdings.
Smart money is SMART because it tends to know what its doing.
/14 Identifying Tokens
Make use of @coingecko.
If you don't know what a token is from Nansen -- you haven't come across it before.
It is likely Coingecko will have the required profile for it.
Make use of @coingecko.
If you don't know what a token is from Nansen -- you haven't come across it before.
It is likely Coingecko will have the required profile for it.
/15 Final Touches
Once you believe you have doxxed the whale.
Add and profile them on @nansen_intern
e.g If you believe it is a Binance whale, use the wallet profiler to name them Binance.
It helps in future tracking-- think of it as building up a portfolio of doxxed whales.
Once you believe you have doxxed the whale.
Add and profile them on @nansen_intern
e.g If you believe it is a Binance whale, use the wallet profiler to name them Binance.
It helps in future tracking-- think of it as building up a portfolio of doxxed whales.
/16 Wizardry
One thing that you need to be happy to do--to be an on chain wizard:
Is to run through the token addresses yourself.
Get lost in the loopholes until you stumble across alpha
And you will stumble upon alpha - given time...
One thing that you need to be happy to do--to be an on chain wizard:
Is to run through the token addresses yourself.
Get lost in the loopholes until you stumble across alpha
And you will stumble upon alpha - given time...
/17 Alpha
Alpha is everywhere.
It becomes less and less like alpha, the more people know about it.
DYOR and becoming an on-chain expert will significantly help you grow.
Find those projects that you whales invest in early.
Learn if there are trends behind these projects.
Alpha is everywhere.
It becomes less and less like alpha, the more people know about it.
DYOR and becoming an on-chain expert will significantly help you grow.
Find those projects that you whales invest in early.
Learn if there are trends behind these projects.
/18 Advice
Track vesting schedules.
Understand when the vesting period occurs.
If whales are buying in, trust your gut that they will sell out (eventually).
You don't want to wake up and see your portfolio down 20%.
Diversify risk and always teach yourself.
Track vesting schedules.
Understand when the vesting period occurs.
If whales are buying in, trust your gut that they will sell out (eventually).
You don't want to wake up and see your portfolio down 20%.
Diversify risk and always teach yourself.
Projects ted to have vesting unlock periods.
This usually can be found in the Whitepaper.
Make a note of these-- it is important.
I personally would not buy in until after ~ 2 weeks after vesting.
Even if it is a good fundamentals project.
This usually can be found in the Whitepaper.
Make a note of these-- it is important.
I personally would not buy in until after ~ 2 weeks after vesting.
Even if it is a good fundamentals project.
Remember whales don't sell all at once
They need liquidity to sell and that comes in the form of your demand.
Otherwise they expose themselves to sharp price plummets.
And ultimately, lower profits.
They need liquidity to sell and that comes in the form of your demand.
Otherwise they expose themselves to sharp price plummets.
And ultimately, lower profits.
Even though you create smart alerts for your whales...
It is the same with charts, you don't want notifications every second
But you want to gain an idea of where the VCs are investing
They definitely won't say "Hey anon, I just invested $2M here".
It is the same with charts, you don't want notifications every second
But you want to gain an idea of where the VCs are investing
They definitely won't say "Hey anon, I just invested $2M here".
Allocate a period of block time in the day where:
-You build up a portfolio of whale wallets
-You see the activities of the whale accounts
That way, you aren't dedicating too much time to tracking whales.
Don't overlook the importance of fundamentals!
-You build up a portfolio of whale wallets
-You see the activities of the whale accounts
That way, you aren't dedicating too much time to tracking whales.
Don't overlook the importance of fundamentals!
To find more projects.
Use recent hackathon/accelerator events e.g the recent $AVAX hackathon.
Projects which perform well/outcompete...
Perform some Nansen analysis on them.
Use recent hackathon/accelerator events e.g the recent $AVAX hackathon.
Projects which perform well/outcompete...
Perform some Nansen analysis on them.
I cannot stress how important a spreadsheet is for tracking wallets/projects.
It will make the difference between a 5 and 6 figure portfolio.
Start writing it down anon.
It will make the difference between a 5 and 6 figure portfolio.
Start writing it down anon.
Remember not to ape immediately as you see wallet tokens.
There is benefit--but you may be well off combining this with fundamental analysis.
-Tokenomics/Tech/Team etc...
There is benefit--but you may be well off combining this with fundamental analysis.
-Tokenomics/Tech/Team etc...
VCs tend to have good investments- especially reputable ones.
But VCs also can choose poorly.
Do your own research.
Always.
But VCs also can choose poorly.
Do your own research.
Always.
Stay on top of your Twitter alpha too, by following these guys:
@Route2FI @Darrenlautf @VirtualBacon1 @thedefiedge @CryptoSources @SmallCapScience @Daryllautk @HsakaTrades @RealCryptotem @thegreenbutton_ @twobitidiot @0xtuba @SpartanBlack_1 @DeFi_educator @Cov_duk @cryptoPothu
@Route2FI @Darrenlautf @VirtualBacon1 @thedefiedge @CryptoSources @SmallCapScience @Daryllautk @HsakaTrades @RealCryptotem @thegreenbutton_ @twobitidiot @0xtuba @SpartanBlack_1 @DeFi_educator @Cov_duk @cryptoPothu
And on that note,
I wish you the best in your on-chain exploration.
If you enjoyed this, follow me: @crypto8fi.
And for more weekly alpha- join 1027 others in subscribing to my weekly Substack:
cryptofi.substack.com
I wish you the best in your on-chain exploration.
If you enjoyed this, follow me: @crypto8fi.
And for more weekly alpha- join 1027 others in subscribing to my weekly Substack:
cryptofi.substack.com
Link to the full podcast can be found below.
I summarized the key alpha, but there's a lot more to learn in here...
youtube.com
I summarized the key alpha, but there's a lot more to learn in here...
youtube.com
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