On-chain Smart Money Tracking Final Chapter: Overview of the Top 10 Ecological Coin Ambush Expert Addresses

Author: Wenser, Odaily Planet Daily

In previous articles "On-chain Smart Money Tracking: Top 10 Meme Coin PVP Expert Addresses and Their Performance" and "On-chain Smart Money Tracking: Collection of Top 10 Value Coin Accumulation Expert Addresses," we provided a brief analysis and sharing of smart money addresses in the fields of meme coins and value coins, summarizing their operational characteristics.

Building on this, we will briefly analyze and introduce the operations of smart money addresses related to ecological token projects (referring to tokens related to a specific vertical ecosystem, such as DEGEN in the Base ecosystem, NOT in the TON ecosystem, etc.) in this article for readers' reference and learning. At the end of the article, we will also update the on-chain tracking tools, adding some new tools to facilitate readers in dynamically adjusting their operational strategies.

Base Ecosystem: DEGEN

At the end of March, when the Base ecosystem took over the meme coin craze from the Solana ecosystem, smart money address 0x2f7…70100 continuously accumulated DEGEN from February 8 to March 25, achieving an unrealized profit of $12.7 million at that time. It is reported that this address invested a total of 964.1 WETH to buy 323 million DEGEN, with an average cost of $0.0095 per token; at that time, it was the third-largest address holding DEGEN, and it has since liquidated its DEGEN holdings.

Wallet address: 0x2F79978041392EbB7f1f741939E63E70c8e70100;

Wallet balance: Mainly MAVIA spot, valued at $452,000;

On-chain tracking address: https://app.mest.io/wallets/0x2f79978041392ebb7f1f741939e63e70c8e70100

Holding interface

Base Ecosystem: BRETT

On May 30, according to Spot On Chain monitoring, a trader turned $556 into $7.48 million through BRETT within three months, achieving a return of 13,453 times. After the token minting opened on February 24, within just 30 minutes, this address spent 0.19 ETH (approximately $556) to exchange for 82.66 million BRETT. On May 30, after the token price increased by 76% over the past week to a new high, this address deposited 23.45 million BRETT (approximately $2.12 million) into Gate.io, while still holding 59.21 million BRETT (approximately $5.36 million). Currently, this address has achieved a total profit of $10.86 million. Due to its very early buying time, it is suspected to be an insider or even part of the project team.

Wallet address: 0xafed93d81473f2b75b74f3a9777a5edd29bbe3a5;

Wallet balance: Mainly over 28.91 million BRETT, total assets of $4.743 million.

On-chain tracking address: https://platform.spotonchain.ai/en/profile?address=0xafed93d81473f2b75b74f3a9777a5edd29bbe3a5

Holding interface

TON Ecosystem: NOT

On June 3, according to Lookonchain monitoring, the price of Notcoin (NOT) increased by over 400% in the past 7 days. It is reported that before NOT went live, a certain address spent 50,550 TON (approximately $278,000) to buy 46.4 billion wNOT. According to the exchange rate of 1 NOT for every 1,000 wNOT, on May 21, this address converted all 46.4 billion wNOT into 46.4 million NOT and has held it ever since, with an unrealized profit of approximately $862,000. 16 hours ago, this address transferred 46.42 million NOT to UQB2v8SxM7-VvqZ417iWZkjS3HTW030Gt8r9QpjnlHpD-6TN, completing the liquidation of NOT.

Wallet address: UQBbMl-wsWTFCG5ZSh0pwNutLuEjezVorrt3zAGWlKUo6kQX;

Wallet balance: 252.3 TON, valued at around $2,000, with other tokens including ANON, STON, and other ecological tokens.

On-chain tracking address: https://tonviewer.com/EQBbMl-wsWTFCG5ZSh0pwNutLuEjezVorrt3zAGWlKUo6hnS

On-chain records

Solana Ecosystem: JUP

On February 1, a certain smart money spent 6.64 million USDC to buy 13.34 million JUP, with an average price of only $0.49. Subsequently, this address distributed all tokens to four new addresses, and based on the on-chain price at that time, this address had an unrealized profit of $1.81 million. Currently, two of the four addresses have sold 1.08 million tokens, while the remaining still hold 12.36 million, valued at $7.81 million. The latest operational record of this address was 8 days ago, and the wallet has completed liquidation.

Distribution addresses include: 3ktPdtLCtkB7bDcY9mEmbZXXtP6rtQ8SPK4GpoGD1xsA; t8QjVwh8eWYx8osp8JQiUXUHbcvqusM2u8RZyaX6VJC; 3MX7YQqvynDzzAmCTybWCT3fE1zFiCtyVhTQrMatB2w8; 4AxcEjSZHacHghAsAgFnD9crKvMUryZKYXUJjaqhyfd7.

Wallet address: MWKpvtFpvXWnSbe8Pe5CajXnKFQucD6VDYyBvt7fYEi;

On-chain tracking address: https://gmgn.ai/sol/address/MWKpvtFpvXWnSbe8Pe5CajXnKFQucD6VDYyBvt7fYEi

Liquidation interface

Solana Ecosystem: WIF

On March 8, according to Lookonchain monitoring, a certain trader spent $1,749 to buy 5.1 million WIF on November 30 last year and has held it until now, when it was valued at $10.9 million. It is reported that this trader attempted to sell WIF at a limit price on Jupiter, but due to the limit being too high, the order was not executed, so he eventually canceled the limit order and transferred WIF to a new wallet Fz3n1ed2xS2rhZG2qJPW2y7Z89iVQ3EHrBUdHx2d7hCr. Currently, both addresses of this trader have completely liquidated.

Wallet address: 7Cdybf9okQYqy8MJzoKbgsgf4AoaMtAEyU15hQDSKQyL;

On-chain tracking address:

https://solscan.io/account/7Cdybf9okQYqy8MJzoKbgsgf4AoaMtAEyU15hQDSKQyL#splTransfers;

https://solscan.io/account/Fz3n1ed2xS2rhZG2qJPW2y7Z89iVQ3EHrBUdHx2d7hCr#splTransfers.

Wallet balance interface

Solana Ecosystem: WEN

On January 27, according to Lookonchain monitoring, a trader earned over $1.6 million by trading WEN within 14 hours. Analysis shows that when WEN opened, this trader spent 125,500 USDC to buy 20 billion WEN and sold 12.5 billion WEN for 807,000 USDC, achieving a profit of $682,000. At that time, the trader still held 7.6 billion WEN (valued at $941,000), with an unrealized profit of $941,000. Currently, this address has completely liquidated.

It is worth mentioning that recently the WEN project team purchased the largest cat-themed account on platform X, @ShouldHaveCat (with over 4 million followers), claiming to create a global cat-themed brand in the future.

Wallet address: 93WbteZH6nrWeHd5JT6mJE5VHbWcCTDZzzqqnpZ98V9G;

On-chain tracking address: https://solscan.io/account/93WbteZH6nrWeHd5JT6mJE5VHbWcCTDZzzqqnpZ98V9G

Wallet balance interface

Ethereum Ecosystem: ENA

On April 12, a certain ENA whale locked a total of 11.17 million ENA (valued at $15.9 million) into Ethena, becoming the largest ENA staker at that time, accounting for 6% of the total locked amount. This address transferred 11.17 million ENA from Binance at an average price of $1.42 over the past two days, achieving an unrealized profit of $425,000 at that time. Currently, this address has liquidated, with only $500 remaining in the wallet. According to on-chain analysis data, this address completed the liquidation of ENA three weeks ago, with a total profit of $1.08 million; however, it incurred a loss of $218,000 on MOG.

Wallet address: 0x886b70db1A5Ec9DA60231D3A059b640dB7f116ed;

On-chain tracking address: https://app.mest.io/wallets/0x886b70db1a5ec9da60231d3a059b640db7f116ed?pnlType=all&range=1Y

Profit and loss interface

Ethereum Ecosystem: LDO

A certain address accumulated 31.76 million LDO from October 2022 to May 2023, and on May 14, deposited 7 million LDO (valued at $13.01 million) into Coinbase. If sold entirely, it would yield a profit of $2.17 million. It is reported that the accumulation cost of this address was $1.36. Currently, it has deposited a total of 9.6 million LDO into exchanges, earning a profit of $3.17 million, while the remaining 7.79 million tokens have been transferred to the new address 0x3629192FBd9B5A56593C5a27dC0b4d2F9F5F73E4. On May 28, the new address transferred all LDO to Coinbase, completing the liquidation with a total profit of $5.47 million.

Wallet address: 0x8d2C21beFcE4dD414017F3B12698a4a76476239f;

On-chain tracking address:

https://app.mest.io/wallets/0x8d2c21befce4dd414017f3b12698a4a76476239f;

https://app.mest.io/wallets/0x3629192fbd9b5a56593c5a27dc0b4d2f9f5f73e4.

Profit record

Arbitrum Ecosystem: GMX

On June 6, according to Scopescan monitoring, GMX rose from $36 to $44, and subsequently, a whale withdrew 84,500 GMX (valued at $3.7 million) from Binance, after which this address remained inactive. Currently, the price of GMX has fallen back to around $28.65.

Wallet address: 0x68fdea13878d7ce741cc596db55564909d9ecc8a;

Wallet balance: Mainly GMX spot, valued at $2.434 million;

On-chain tracking address: https://scan.0xscope.com/address/0x68fdea13878d7ce741cc596db55564909d9ecc8a?network=arb&ch=tw

Holding interface

Optimism Ecosystem: SNX

On February 28, a certain whale transferred 1.16 million SNX (valued at $4.54 million) to Binance. This whale withdrew 1.11 million SNX from Binance at an average price of $2.26 from December 2022 to May 2023, and transferred it back to Binance at a price of $3.9 on the same day, expecting to achieve a profit of $1.9 million (+75%). Currently, this address still holds 108 types of stablecoins and altcoins, including sUSD and W, and remains active, with operational activity occurring 42 hours ago.

Wallet address: 0x564b1a055d9caaaff7435dce6b5f6e522b27de7d;

Wallet balance: Includes 0.5 ETH, nearly $70,000 worth of sUSD (Synth sUSD), and $15,000 worth of W, totaling around $85,000.

On-chain tracking address: https://etherscan.io/address/0x564b1a055d9caaaff7435dce6b5f6e522b27de7d

Holding interface

Summary: There Are No Eternal Believers, Only Profit-Seeking Gamblers

Looking at the above ecological coin players, they are all skilled individuals with a clear profit-seeking awareness, rather than those who "want to date the ecosystem or project" and accompany "its growth" for a long time.

Whether it's selling the news during a bustling time or timely offloading at market peaks, these ecological coin players will not forget their original intention of entering the cryptocurrency industry due to temporary market enthusiasm—"the original intention is to make quick money"—even though, many times, making money also requires lying in wait for several hours, weeks, or even months. However, knowing when to take profits is a skill that everyone should learn.

After all, selling high always earns, but if you lose money, you can only comfort yourself by saying "it's fuel for promoting the cryptocurrency industry."

As the last article in the "On-chain Smart Money Tracking Trilogy," the final message we want to convey is that the on-chain world seems decentralized but is actually a thoroughly dark forest. Therefore, most of the mentioned smart money addresses will be abandoned after taking profits from a certain token or project. Although the probability of unexpected events and additional risks is very low, "on-chain security" remains a matter worthy of attention, including preventing potential "on-chain poisoning" events (referring to the act of making small transfers to a wallet from addresses with the same beginning and ending characters, which directly sends funds to that address during fund transfers).

Thus, we hope these words can serve as an introduction for readers to engage in on-chain operations and explorations, and we look forward to seeing your presence among these smart money addresses or trading experts in the future.

Finally, we once again attach the main on-chain tracking tools for your reference:

• gmgn.ai website: Sniping new coins, buying and selling, Pi Xiu detection, etc., click to register;
• Solscan: Solana network blockchain explorer, input wallet address or contract address to view related information;
• Mest: One-stop blockchain information website for wallet tracking, popular projects, security information, etc., input address to track;
• Arkham: AI-driven on-chain data tracking platform for mainstream EVM ecosystems, with issued token ARKM, 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 features;
• Spotonchain: On-chain data tracking platform developed by the Spot On Chain team, also supports various on-chain analysis functions;
• Nansen: Professional on-chain data analysis platform, which also provides some blockchain industry reports and whale activity tracking analysis;
• Etherscan: Blockchain explorer for the Ethereum network, used to query wallet addresses and smart contract interactions, one of the basic tools for blockchain.