How To Track Crypto Whales Trading Activity In 3 Simple Steps
Whales are crypto traders that hold large amounts of capital in their crypto portfolio.
Following and copying the trading activity of successful crypto whales can be a very profitable trading strategy.
Since all transactions on the blockchain are publicly visible, you can trace the activities of any wallet.
The theory is that these traders know things that you don’t and place their capital accordingly. By following them, you can position yourself early for pumps and get out in time before dumps.
Let’s look at a simple method on how to find wallet addresses and track the so-called “smart money” activity.
1. Find whale wallets
The first thing you need to do is find some whale addresses that you will analyze.
Use the following apps to find tokens that have recently pumped and copy their contract address:
Next, head over to Bubblemaps and copy the address in the search bar. On the right, you will see all the addresses that hold the token as well as their percentage.