|From 0xScope Research Institute Author: His Royal Highness the Crown Prince
Newcomers
1. Enter the website Watchers. It is recommended to use the Chrome browser (a browser dedicated to the cryptocurrency circle). Click the connect wallet button in the upper right corner. After the connection is successful, you can enter the user interface.
2. In the user interface, we can see that version 2.0 has been greatly improved compared to version 1.0. In the top navigation bar, a quick entry for current hot events in the currency circle has been added. You can see that they are all current hot events, proof of holding coins of major exchanges, FTX events, etc., which makes it convenient for everyone to enter and understand the situation at the first time.
A scholar knows everything in the world without leaving home.
3. 2.0 also adds a super-use left-side quick navigation bar, which shows the main functions at a glance and allows you to quickly get started. It includes three major sections: exploration mode, analysis model, and investigation. The difficulty of using these sections also increases in this order.
4. The first is the exploration mode, which includes four sub-functions: wallet analysis, token browser, project browser and NFT browser. Let’s talk about wallet analysis first. The default page is CEX address ranking (centralized exchange address) and EOA address ranking (EOA address can be understood as user address). You can also enter any address, ENS, etc. in the search box to view the status of the wallet.
The remaining three sub-functions are used as follows:
Token browser: Enter the name and contract address to view the inflow and outflow of the exchange, holder behavior analysis, transaction and balance change rankings, etc.
Project Browser: Enter any project name or tag to view the project status, including daily active addresses, daily active entities, total locked value, social media trends, and smart contracts.
NFT Browser: Enter the NFT collection name, contract address or tag to view holder data, trader analysis, profit rankings, social media trends and collection details
Let data empower trading, say goodbye to "feeling" trading
5. Next is the analysis mode, which is also a function that professional traders must use. It includes five major functions: VC dashboard (VC means investment institution), whale observation, entity dashboard, famous entity tracking and high-risk entity. If used well, it can be said to be a killer trading tool, because the pricing power of commodities is always in the hands of those who have chips. Understanding the distribution of chips and the operation trends of the main players is of great help to our trading.
VC Dashboard: VC Dashboard is a dashboard that analyzes data from venture capital, investment funds and other investment institutions. Not only can you see the holdings of each VC, but you can also see their transfer activities in real time. In short, you can immediately know if a VC uses the coins in his wallet to order takeout for his sister-in-law, let alone if he pulls or dumps the market.
Whale Observation: Enter the name of the currency, and you can see the holdings of each banker of this currency. Who is the banker, who is the big leek, and who is the ancient whale? (Whale: refers to a person who owns a large number of chips)
Entity dashboard, famous entity tracking and high-risk entities are the three functions about entities. Entity, as the name implies, is a real individual. For example, I have 10 addresses in the cryptocurrency circle, some of which are used for wool pulling and some for mining. I am the actual controller behind these 10 addresses, so I am an entity, and the content of the entity "I" is those 10 addresses. Similarly, if the organization a16z has a total of 100 addresses, then the entity a16z corresponds to these 100 addresses. I am everything, and everything is me!
Knowing the concept of entity, it is not difficult to use these three functions. The greatest value of entity is that it allows us to break away from the mindset of only performing linear analysis of a single address in the past, and allows us to truly understand the behavioral logic behind various on-chain transactions from a new perspective, whether it is shipping or fraud, nothing can escape our eyes.
Think independently, everyone is his own hero
"Can I still open it now?", "I will pull it up after it explodes", these are classic quotes for most people who lose money. In the past, when our cognition was limited, we could only rely on the so-called "wealth code" given to us by others. Information has a lag, not to mention that we don't know how many hands of news. Others are faster than you in information, open orders better than you, and have enough profit safety cushion to resist fluctuations, so even if the direction is right in the end, very few people can make money, this is the "28 rule".
In the past, we had no choice. Now, we have 0xscope. The research section of 0x is very suitable for us to do investment research. Whether you are a financial tycoon who makes millions of dollars a minute, or a novice who chases ups and downs every day, you can find your own place on it. The research module of 0xscope has four functions: address collection, fund flow observation, token holder chart and Watcher alert.
Address aggregation: It is to aggregate related addresses and analyze them together, so you can see at a glance how many sisters-in-law you have.
Fund flow observation: In simple terms, where did the money go? (I really want to know what SBF and Almeda, the guy who charges 22 FTT, did with our money)
Token holder chart: A visual chart of the token holders is made to facilitate in-depth analysis of the distribution of chips for each currency
Watcher Alert: This is a magical skill. It can set the information we want to be warned of, such as when the whale will smash the market, as an alert, so that we can be warned in the first time and open an order to escape the top one step faster than others!!!
For detailed functions, please check Watchers: https://watchers.pro/#/home
