How?
I tracked insider wallets and bought alongside them. Whales will hate me for sharing their secrets for free... 👇🧵
🔍 Understanding Insiders
You've probably heard a lot about insiders, but rarely does anyone explain how to capitalize on them effectively. Today, I'm going to introduce you to powerful tools that will help you identify whale wallets and their trades using on-chain analysis.
Step 1: Find Insider/Whale Wallets
▶️ Use @dexscreener for this task.
Look for coins spiking in value over the past week.
➬ Go to: dexscreener.com
➬ Navigate to the "Gainers & Losers" tab
➬ Select the time period (24h or 6h)
➬ Apply additional filters if you want
Here are my filters:
- Min liquidity: $250,000
- Min 24H transactions: 300
- Min 24H sells: 30
- Min 24H volume: $100,000
If you notice in the Top Traders tab that some wallets bought very early and then made huge profits, these guys could be insiders. Only those connected to the team could snipe the launch seconds after the token went live.
Step 2: Check Wallets with alphatracexyz
This app is essential as it allows you to uncover wallet trading stats, helping you filter out bad wallets from good ones.
Focus on wallets with:
- Win rate above 65%
- Profit over $500k
Step 3: Build Your Watchlist
To do this, you can use:
1. etherdrops_bot
➬ Activate the bot: t.me/etherdrops_bot
➬ Add every profitable wallet you discover
2. dexscreener
➬ Visit: dexscreener.com/portfolio
➬ Add every profitable wallet you discover
Step 4: Set Alerts
Set alerts to stay informed about every move the insider or whale makes. I suggest setting alerts for your top 5 wallets.
Key Point 👇
When an alert pops up, act fast. Immediately check these two key things after an insider buys a new token:
➬ Market Cap
Market Cap
Check it again at @dexscreener. A token with a market cap of less than $5M that hasn't been pumped much could become an insider gem. Yes, there is a high chance of getting rugged, but with higher risk comes higher reward. Always consider the risk/reward ratio.
For Twitter, use these tools:
· @TweetScout_io
· @Twiter_score
Just insert the project's handle to observe its full Twitter stats and see which influencers follow it. If Twitter looks solid with supporters on board, it's time to make a move and consider buying a token.
But remember, if Twitter doesn't look promising, keep looking. Sometimes the best opportunities lie unnoticed for a few weeks while the big whales are accumulating tokens.
🔒 Closing Thoughts
Since my account has grown a lot, I can’t share 100x gems in public anymore, so I decided to make my Telegram channel private. But you still have a little time to join before I close it for good.