Were you smart enough to save your portfolio from the contagion from UST/LUNA's collapse? Most of us were not (myself included). But would wallet watching have helped you even in this situation? Why yes, yes it would (if done right). What I'm Building 🏗️
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So I've long talked about the value of wallet watching, and how it contributed to the majority of my on chain investing success. It literally took me from average pleb to actually making money in a ~systematic way. While I can continue to teach how to build your own wallet list
I'm also building something to take your whale watching game to the next level. But first lets talk about why? First, going back through and digging into some of the more sophisticated + active wallets I follow, once they saw UST's first de-pegging event...
Most started taking down any leverage they had, selling low liquidity alts, some opened shorts, and some stabled up in entirety. Obviously, a few of these players could foresee the impacts that a true UST de-peg could have on the system, and chose to play defense.
But I personally was not tracking the wallets real-time (and did not have alerts), so I didn't think of the consequences that were coming to my own portfolio (sigh). Secondly, the list of wallets I follow is by no means exhaustive, so I may not be getting the best information.
And I may not even be following the best wallets. Given wallet building, tracking and setting alerts is a very manual, time intensive process, I've been building something in the background to help average on chain users with the process, while giving them more "real time" data
What makes my onchain analytics tool special? I'm working with a team of data scientists + software devs to compile historical profit/loss, volatility and risk metrics across all active cross-chain wallets with 6 figures or more.
Then, we have filtered these down into the best performing, risk adjusted wallets to watch (over a longer time period w/ reasonable position concentration). This data is updated daily, so we have a powerhouse set of smart wallets to continually watch, follow and learn from.
This saves you, the aspiring onchain investor, a lot of hours vs. building your own list (and the signal will be better too). We are cutting through the noise with data to see who truly can cut it, in both up, down and choppy markets (and what strategies they use).
The onchain analytics tool (which is still being finalized before we launch beta testing)not only will show you what these wallets are up to in terms of inflows/outflows (cross chain), but also the highest $ notional spot exposure, tokens with the highest smart wallet % ownership
And will even let you create your own "watched wallets" dashboard, where you can see real time data on what your favorite wallets are doing on a cross chain basis + set up real time alerts to your PC or mobile device on these movements.
There are other features we are building out that I think are really cool (but don't want to share all the sauce yet), but I wanted to give some more color on what I'm building and why I think it will be awesome.
Being able to follow quantifiable "smart money" and see their moves in real time, while receiving real time alerts will be a game changing tool for any onchain investor, and we'll be focused on keeping the price affordable for all ($50/mo).
We're still a few months away from our beta testing launch, which we will be doing with some of my community members, but if you want to hear more progress updates, feel free to subscribe to the free version of my substack.
onchainwizard.substack.com
onchainwizard.substack.com
TLDR: data driven, cross-chain alpha wallets, with real time feeds + custom alerts, along with personalized dashboards at an affordable price.
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