Taking a certain wallet that increased 15 times in 16 days as an example, master the methods and tools to discover smart money
Identifying and tracking smart money is an important way to excel in trading.Written by: hoeem, Crypto KOL
Compiled by: Felix, PANews
On April 19, the newly created whale wallet (0x9e037b0d29daa93510fe095043506cb62272f890) had assets worth $885,000, and now it is valued at $13.4 million. How did this whale increase its value 15 times in just 16 days?
How to find this wallet?
Using Token Analyzooor
Open the DuneAnalytics website
Search for the keyword: Token Analyzooor
Then open the CoinGecko website
Search for the token PEPE, and copy the contract address
Return to the token analysis page on the Dune website
In the time frame box, enter the number of days to track (the image below uses 14 days as an example)
Select the chain where the token is located (PEPE is on Ethereum)
Enter the copied contract address (PEPE contract address) in the arrow section below
How to find transaction records?
Finding Addresses
Scroll down to see different addresses, many of which are MEV bots or potential CEX on-chain wallets. The author found this whale wallet starting with 0x9e0 using this method.
Portfolio
Open the websites DeBank and Arkham, enter and search for the whale wallet address. You can see the on-chain activities and holdings of this wallet.
Transaction Analysis
You can use DeBank or Arkham, but Arkham offers a better user experience. Since this is a newly created wallet, you can simply start from scratch (with $1.285 million worth of tokens transferred from Coinbase):
Go to transactions, click on time
Scroll through
On April 19, $885,000 worth of tokens were transferred in
On April 21, $200,000 worth of tokens were transferred in
On May 3, another $200,000 worth of tokens were transferred in
On May 4, another $230,000 worth of tokens were transferred in
Started buying PEPE tokens
Continued buying TURBO tokens
The two most valuable tokens in this wallet are PEPE and TURBO. Let's take a look at the purchase history:
PEPE:
Exchanged $683,000 worth of ETH for PEPE on April 19, with an average price of about $0.000000215.
Exchanged $186,000 worth of ETH for PEPE on April 20, with an average price of about $0.000000355.
Exchanged $100,000 worth of USDC for PEPE on April 22, with an average price of about $0.000000231.
Exchanged $75,000 worth of USDC for PEPE on April 26, with an average price of about $0.000000258.
Exchanged $25,000 worth of USDC for PEPE on April 26, with an average price of about $0.000000221.
TURBO:
Exchanged $200,000 worth of USDC for TURBO on May 3, with an average price of about $0.57.
Exchanged $212,000 worth of USDC for TURBO on May 4, with an average price of about $0.94.
Here is the performance of this wallet over the past 16 days:
Conclusion
Is this a whale with insider information? Or just a pure degen whale? Or is it a move by Coinbase? The outcome is unknown, but interestingly, it has held onto its assets until now. In any case, this is a wallet worth paying attention to.
