The Ultimate Guide to Tracking Crypto Whales 🚀.
The Path to 1000x Gains
Welcome back to Wealth Vault. When getting into crypto, most investors hope to catch the next 1000x altcoin, become mega-rich, and retire early. However, only a few realize those dreams. The fact is, there are hundreds of new coins launching daily, making it almost impossible to keep up and catch the best plays.Â
The truth is that when everyone is talking about a coin, say on X, it has already pumped too much. To capitalize on a potential 1000x move, you must be ahead of 99% of the market, and the only way to manage this is by tracking smart money.Â
The goal is to leverage blockchain data tools that allow you to identify the wallets that turned a relatively small investment into millions of dollars on the back of a low-cap token that went viral. By carefully analyzing their trades, you can try to anticipate their next moves on other trending tokens.
Smart Money Tracking
I’ll be showing you 3 alpha tools and step by step guides to use them to find smart traders easily.
You need to follow the smart money to become the smart money.
💎My full 8-step guide at the end
DexScreener
DexScreener is one of my favorite tools for whale tracking—it is comprehensive and easy to use, even for beginners. Here’s a step-by-step guide on how to find and track smart money using DexScreener.
Go to:
https://dexscreener.com/
On the main page, you’ll find the top trending token in the past 24 hours. Select a currently trending token, like MEW on the Solana blockchain (our example) and click on it.
Go to the "Top Traders" section on DexScreener for that token
Identify wallets that have turned a relatively small initial investment into millions in profits; these are potential "smart money" or insider wallets to follow.
Pick a wallet and analyze their transaction history to see the buys and profitable sells that led to their large gains. (6A8KzAD6AgJChCzAhbCPakgNvhqdYysCf4f15n6h8G4C)
However, this is only one trade, which could have been luck. To identify genuine smart money, we need more than DexScreener.
