On-chain smart money tracking: A collection of 10 addresses of top value coin investors

Author: Wenser, Odaily Planet Daily

In a previous article titled "On-chain Smart Money Tracking: Top 10 Meme Coin PVP Master Addresses and Their Performance," we conducted a tracking analysis of certain on-chain addresses that have profited significantly in the meme coin sector. In contrast, this year's "value coin sector" (typically referring to value coins endorsed by VC institutions or possessing certain mainstream concepts) has relatively cooled down. Nevertheless, some whales or advanced players have still achieved impressive returns on these mainstream value coins.

Odaily Planet Daily will summarize and introduce some on-chain smart money addresses (mainly those with profitable records in the value coin sector) in this article, and identify concentrated coins for readers' reference. In the future, we will continue to update this series of articles according to different target types, and the end of the article will also include some smart money on-chain tracking tool websites for readers to dynamically adjust their operational strategies.

RNDR: Established Position for 5 Months, Profiting $2.25 Million

According to on-chain analyst Ai Yi's monitoring, a certain address is suspected of liquidating 640,000 RNDR coins that were established five months ago; if sold entirely, it would yield a profit of $2.25 million. On-chain data shows that this address withdrew 640,000 RNDR from Binance at an average price of $4.16 in January this year and has held the coins without movement since then, ultimately depositing them all into the OKX exchange today, at which point the RNDR price was $7.65.

Wallet address: 0x84657b4C6419a1F3c3f2480155bf03346EEf82D7;

Wallet balance: Currently only 0.666 ETH, approximately $2,350;

On-chain tracking address: https://app.mest.io/search/0x84657b4c6419a1f3c3f2480155bf03346eef82d7

Transaction Records

Profit and Loss Records

Notable Whale aavebank.eth Establishes Multi-Coin Position, Expected Profit of $1.13 Million

On June 19, whale aavebank.eth transferred a total of $6.84 million worth of altcoins to Binance within four hours, including:

• UNI: 390,000 coins, valued at $3.98 million;
• LINK: 100,000 coins, valued at $1.43 million;
• MKR: 360 coins, valued at $890,000;
• ENS: 360 coins, valued at $530,000;

According to on-chain data, these value coins were gradually accumulated by this whale between May 5 and May 21, and have been held for about a month now; if sold entirely, it would yield a profit of $1.13 million.

Wallet address: 0xD730cd62CDA9cfdc109Be2d819B0337fafdCA959;

Wallet balance: Currently, this address still holds different amounts of ETH, LINK, UNI, ENS, MKR, etc., with remaining assets valued at $19.07 million;

On-chain tracking address: https://app.mest.io/wallets/0xd730cd62cda9cfdc109be2d819b0337fafdca959

Holding Interface

Profit and Loss Records

LINK & WLD: Established Position of $3.54 Million, Cumulative Profit of $425,000 Over 3 Months

On June 12, a whale that previously profited $1.65 million from LINK in January established a position worth $3.54 million in LINK and WLD within an hour, including:

• LINK: 113,000 coins, valued at $1.8 million;
• WLD: 430,000 coins, valued at $1.73 million.

At that time, the whale held a total of 510,000 LINK, with a total value of $8.17 million, making it the top asset in its wallet.

Currently, the address's LINK holdings have increased to 600,000 coins; WLD holdings have increased to 450,000 coins.

Wallet address: 0x7D29EAca95D148629843d87C8D24FbaA6Ad485a1

Wallet balance: Including ETH, LINK, WLD, totaling $9.87 million;

On-chain tracking address: https://app.mest.io/public/wallets/0x7d29eaca95d148629843d87c8d24fbaa6ad485a1

Holding Interface

Profit and Loss Records

ENA: Established Position of 5.11 Million ENA, Total Value $5.02 Million

On June 5, a certain whale established a position of 5.11 million ENA, with a total value of $5.02 million, at a transfer price of $0.9804 per token. On-chain data shows that this was the address's first transaction of ENA, and upon completion of this transaction, ENA became its second-largest asset. After about a month, the price of ENA rose by 18%, reaching $0.9575.

It is worth noting that currently, aside from a small amount of ETH and most USDT stablecoins, this address also holds over 62.71 million HLG, which was transferred to this address on June 15 from 0xCe30091ed07D08eD756E6F11F79E7114cdC90F3C, valued at $397,000 at the time, but has now dropped to $203,000.

Previously, on June 13, the Holograph protocol suffered an illegal malicious attack, where the attacker increased the total supply of HLG and transferred 1 billion HLG to various CEXs to begin selling. After reporting the situation to the exchanges, approximately 200 million HLG were successfully frozen, and recovery is currently underway through legal procedures. The remaining circulating supply of HLG is about 800 million coins, and after extensive discussions with the community, a plan to restore the total supply of HLG to 10 billion coins has been initiated. The first batch of 53,249,975 HLG has been destroyed, with 946,750,025 HLG remaining to be destroyed. Influenced by this news, the price of HLG rose approximately 42.55% in 24 hours.

HLG Price Increase Interface

Wallet address: 0x345fFd2D09A1633dcf4856Ae0d6f63aFaa748187;

Wallet balance: Currently holding 1.584 million USDT, $203,000 worth of HLG, and a small amount of ETH, totaling approximately $1.78 million;

On-chain tracking address: https://app.mest.io/wallets/0x345ffd2d09a1633dcf4856ae0d6f63afaa748187

Holding Interface

Profit and Loss Records

AUCTION: Established Position of 130,000 Coins, Initially Trapped Then Profited $390,000

On May 30, a certain address successfully transferred 130,000 AUCTION coins, purchased at $24.11 each on April 9, to Binance, valued at $3.42 million. It is understood that the address experienced a loss of 45% after buying AUCTION, and after nearly two months of "torment," finally turned a profit of $390,000 when the price surged following the "Upbit Listing" news. Currently, the address has liquidated all assets, with a total profit of $1.22 million.

Wallet address: 0xAdf5845273e61AB2090BdBB32B35DE9BF997Bec7;

Wallet balance: Including 0.2 ETH, totaling approximately $1,000;

On-chain tracking address: https://app.mest.io/wallets/0xAdf5845273e61AB2090BdBB32B35DE9BF997Bec7

Transaction Records

Profit and Loss Records

LDO: Gradually Established Position of Nearly 32 Million Coins, Sold 7 Million Coins, Profiting $2.17 Million

From October 2022 to May 2023, a certain address accumulated a total of 31.76 million LDO coins and transferred 7 million LDO (valued at $13.01 million) to Coinbase, profiting $2.17 million from the sale. It is understood that the address's cost per LDO coin was $1.36, and it has cumulatively transferred 9.6 million LDO to exchanges, profiting $3.17 million, with the remaining 7.79 million tokens transferred to the new address 0x3629192FBd9B5A56593C5a27dC0b4d2F9F5F73E4. Notably, the related addresses of this address include 0x50C93635477B646Fc3f3A7FE3f1BC1290f964Af8 and 0xDabb5611f03B328AAC9838ab4C52883fA5ECD2bD, which are the initial wallets that transferred LDO to this address.

Wallet address: 0x8d2C21beFcE4dD414017F3B12698a4a76476239f;

Wallet balance: Cleared.

On-chain tracking address: https://app.mest.io/wallets/0x8d2C21beFcE4dD414017F3B12698a4a76476239f

Initial Wallet Transaction Records

Target Wallet Transaction Records

New Address Transaction Records

UNI: Established Position of 476,000 Coins, Profiting $385,000

On April 15, a certain address transferred 476,000 UNI coins to Binance (valued at $3.9 million). It is understood that the address's UNI acquisition price was approximately $7.38, and after selling all, it profited $385,000. Currently, this address has completely liquidated its holdings.

Wallet address: 0xb3811206c7A42a4817B9854a80f43AeCF74dF6a5;

On-chain tracking address: https://wallets.mest.io/0xb3811206c7a42a4817b9854a80f43aecf74df6a5

Profit and Loss Records

MKR: Established Position for 5 Months, Sold 1,720 Coins, Valued at Approximately $4.64 Million

On March 11, a certain whale that established a position in MKR in November 2023 sold a total of 1,720 MKR coins, valued at approximately $4.64 million. It is understood that the whale's average selling price for MKR was $2,698 (acquisition price was approximately $1,446), with the sold portion yielding a profit of $2.15 million, while the remaining 2,078 MKR had a cumulative unrealized profit of $2.45 million.

Wallet address: 0x8af700ba841f30e0a3fcb0ee4c4a9d223e1efa05;

Wallet balance: 1 million USDC, $64,000 worth of OX, and $56,000 worth of ETH, totaling around $1.12 million;

On-chain tracking address: https://scan.0xscope.com/address/0x8af700ba841f30e0a3fcb0ee4c4a9d223e1efa05?network=eth

Asset Records

WLD: Buy Low and Sell High, Profiting $1.05 Million

On February 19, a certain whale, who had established a position of 200,000 WLD (valued at $500,000) between January 8 and January 31 at an average price of $2.52, ultimately profited $1.05 million through low buying and high selling. At that time, influenced by the OpenAI video generation model SORA, the AI sector surged across the board, with WLD increasing over 188% in the past 30 days.

Wallet address: 0x880A1AB227B5F4A0dE0020785D73f0990af5E217;

Wallet balance: Including 20 ETH, 250,000 LDO, 25,000 RNDR in spot, and $14.53 million worth of LIDO, totaling $15.72 million;

On-chain tracking address: https://app.mest.io/wallets/0x880A1AB227B5F4A0dE0020785D73f0990af5E217

Holding Records

FET: Established Position of 1.38 Million AI Concept Coins, Profiting $2.27 Million

On March 7, a certain whale that established a position in FET sold all its holdings, profiting $2.27 million, with a return rate of 392%. It is understood that this address transferred 1.38 million tokens from Binance at an average price of $0.41 on April 18, 2023, and gradually deposited them into exchanges between February 20 and March 7, at an average price of $2.06.

It is understood that the FET token is the second crowdfunding project issued by Binance IEO, and the underlying crypto protocol Fetch.ai focuses on the field of artificial intelligence, aiming to create a self-learning blockchain network to facilitate economic activities/combinations between offline AI agents. Previously, Fetch.ai received a $40 million investment from DWF Labs. Recently, FET will merge with two major AI concept tokens, OCEAN and AGIX, and is expected to launch on July 15.

Wallet address: 0xb8ba647f5867c4dfc0c454adf1aa6cf92a349819;

Wallet balance: Including $1.145 million worth of WOO, $172,000 worth of TRAC, $133,000 worth of OCEAN, $53,000 worth of POND, and $50,000 worth of LINK, totaling $1.688 million.

On-chain tracking address: https://scan.0xscope.com/address/0xb8ba647f5867c4dfc0c454adf1aa6cf92a349819?network=eth

Holding Records

AXL: Established Position of 480,000 Coins, Profiting $566,000

On March 6, a certain whale that had previously established a position in AXL transferred 480,000 AXL (approximately $1.02 million) to Coinbase, profiting $566,000 from the sale. It is understood that this address bought 480,000 AXL from the exchange at an average price of $0.95 between December 12, 2023, and January 14, 2024. On March 1, AXL was listed on Binance, and subsequently, on March 6, the price rose to $2.1365, at which point the address sold. Currently, this address has completely liquidated its holdings.

Wallet address: 0x14c067162694c82da3cc6bff6f45831134ac4d3c;

On-chain tracking address: https://scan.0xscope.com/address/0x14c067162694c82da3cc6bff6f45831134ac4d3c?network=eth

Asset Records

IMX: Accumulated 1.62 Million, Profiting $1.4 Million

On February 12, according to on-chain analyst Ai Yi's monitoring, six new wallets transferred a total of 1.62 million IMX to Coinbase, approximately $4.48 million. These addresses are suspected to belong to the same whale/institution, all having established positions in IMX around mid to late January 2024, with quantities close to each other; the acquisition cost was approximately $1.89, and selling all would yield a profit of $1.4 million.

On-chain tracking address: https://app.mest.io/discover/lists/nvboqw

Accumulation Records

MATIC, ENS, 1INCH, UNI: Swing Whale Buys $2.69 Million Worth of Assets

On January 29, a whale that had previously established a position of 2,609 MKR and profited $720,000 transferred assets worth $2.69 million from Binance, including:

• 240,000 MATIC;
• 38,000 ENS;
• 1.6 million 1INCH;
• 58,000 UNI.

It is worth noting that this operation was the address's first purchase of MATIC, and its previous swing trades in ENS, 1INCH, and UNI were all profitable, indicating a high overall win rate.

Wallet address: 0x94cF7b6eB35dE00C3aeb3EC49a625EC4e39f5630;

Wallet balance: Including spot assets worth $8.9 million, including ETH, MKR, UNI, ILV, 1INCH, MATIC, ENS, BIGTIME, ATA; and financial assets worth $9.42 million, including RENZO, GLAXE, SPARK, OMNI, totaling $19.3 million;

On-chain tracking address: https://app.mest.io/wallets/0x94cF7b6eB35dE00C3aeb3EC49a625EC4e39f5630

Spot Holding Records

Financial Holding Records

Profit and Loss Records

Summary: Clear Commonalities Among Value Coins, UNI and LINK as Preferred Targets

Due to space limitations, this article only selected a portion of value coin smart money addresses for tracking analysis. However, it is evident that compared to lower-priced, higher-supply meme coins, value coins are more favored by whales and institutional players as investment targets.

To some extent, this also highlights the relatively high entry barriers for ordinary players and market retail investors regarding value coins.

Among these value coins, UNI and LINK are choices for many whales for multiple swing trades or long-term holdings, perhaps due to their "infrastructure construction" status or because their market capitalizations are relatively large, accommodating larger amounts of capital. As for whether ordinary players should "dance with whales," that is a matter of personal opinion, and the choice is theirs.

It is certain that value coins remain the mainstream types of transactions in the cryptocurrency industry, and whether they can stand out in a declining or fluctuating market environment and carve out a new path will test not only the projects behind the tokens but also the patience and consensus of most holders.

Finally, here are some major on-chain tracking tools for reference:

• gmgn.ai website: Sniping new coins, buying and selling, detecting Pi Xiu, etc., click to register;
• Solscan: Solana network blockchain explorer, enter wallet address or contract address to view related information;
• Mest: One-stop blockchain information website for wallet tracking, popular projects, security information, etc., enter the address to track;
• Arkham: A mainstream AI-driven on-chain data tracking platform in the EVM ecosystem, with the issued token ARKM, already listed on Binance;
• Cielo: On-chain data tracking platform tool, can also bind Telegram accounts, relatively serves as a supplement.
• Scopescan: On-chain data tracking platform developed by the Scope Protocol team, subscription-based, with some analysis functions.