In the image, the marked boxes and arrows point to some specific indicators and labels, typically used to identify important information related to cryptocurrency trading. I will explain them one by one:
📊 1. DEV (Developer Address)
Meaning: This label indicates an address related to project developers, usually controlled by the developer or the team.
Purpose: Observing the trading behavior of these addresses can determine whether the developers are selling or holding tokens, as well as their market operation trends.
Risk: If developers frequently transfer or sell tokens, it may indicate that the project party is 'dumping', requiring vigilance.
🎯 2. Sniper Addresses
Meaning: These addresses are often those that rapidly purchase large amounts of tokens using **automated trading tools (Bots)** during the early stage of token launch.
Purpose: These addresses aim to buy low quickly and sell off rapidly after the price rises.
Risk: If these addresses engage in mass sell-offs, it may lead to a sharp drop in coin prices, and ordinary investors may be 'harvested'.
🪝 3. Phishing Addresses
Meaning: These addresses are related to malicious attacks or scams, often deceiving users into giving up their assets through fake airdrops, phishing websites, etc.
Purpose: Identifying these addresses helps investors avoid transferring funds to or trading with these addresses.
Risk: Interacting with phishing addresses may result in stolen funds, requiring extra caution.
🤝 📊 Conspiracy Group (42)
Meaning: Conspiracy groups refer to multiple addresses detected on-chain exhibiting common behavioral patterns, indicating possible coordinated manipulation.
Forms of Cooperation: These addresses may collaborate in several ways:
Joint Pumping: Concentrated buying of a certain token to drive up the price and attract retail investors.
Joint Dumping: Rapidly selling tokens at a high point, leading to a price crash.
Creating Fake Trading Volume: Frequently trading among themselves to create the illusion of high trading volume, misleading market judgment.
Premeditated Cashing Out: After retail investors enter the market, cashing out through large transfers or rapid sell-offs.
Meaning of 42: The number '42' indicates that 42 addresses are currently detected as belonging to the same conspiracy group, with significant correlations between these addresses.
⚠ Risk Warning
Market Manipulation: Conspiracy groups may manipulate token price trends through collective actions, enticing retail investors to enter the market.
High Risk: If these addresses begin to sell off in large quantities, the coin price may plummet instantly.
Tracking Monitoring: It is necessary to closely monitor the movements of these 42 addresses, especially during periods of significant price fluctuations.
📌 Recommendations
Observe On-chain Dynamics: Closely monitor the transfers and trading activities of these 42 addresses.
Avoid High Position Picking: If a large number of conspiracy group addresses are found selling, timely profit-taking or risk avoidance is necessary.
On-chain analysis tools can be used to track the flow of funds from these addresses in real-time.