Details are making the difference
Let's deep dive into my process.
A step by step thread🧵
TABLE OF CONTENT 📕
1. Use Blockchain explorers
2. Utilize wallet tracking tools
3. Analyze on-chain data
4. Monitor Blocks and Priority Fees
5. Cross-Reference Across Tools
6. Token movement between wallets
7 Behavior After Major Events:
8. Social media correlation
9. Automate monitoring with Scripts and tools
This going to be the main guide of how to take advantage of insider trader, so BOOKMARK it if you're serious about making money in this space
Knowing how to identify insider wallets that are accumulating early without selling is absolutely crucial.
1. Use Blockchain Explorers 👁️
@solscanofficial
@solanafm
Track Large initials buys:
Start by identifying wallets that make large purchases shortly after a token is listed or before major price movements. These wallets are likely accumulating early.
Monitor content accmulation without selling:
Look for wallets that continuously accumulate tokens over time without selling any portion of their holdings. You can do this by analyzing transaction history on platforms like Solscan.
2. Wallet tracking tools:
Once you think you scooped some interesting wallets, put them in
@RayBot_sol and monitor them.
You'll be notified of any new transactions, allowing you to track their accumulation patterns.
Scroll for my Bonus tips
Make FOLDER 📁
One powerful strategy is to create a "wallet folder" where you can monitor a group of wallets that may be part of a coordinated effort, or a cabal, aping into the same coins.
Here’s how you can do it: 👀
1⃣Gather suspect wallets:
Start by identifying wallets that are consistently trading memecoins around the same time. Look for
- patterns in transaction timing
- amounts
-and frequency.
2. Create Your Folder:
Create a folder where you can easily track these wallets in one place.
Label this folder something like "Cabal Watch" for easy reference. If you know which coin they all aped you can put something like "TWC Inisder"
3.Monitor for simultaneous activity:
Once your folder is set up, keep an eye on it to see if these wallets are aping into the same coins within the same blocks or timeframes.
If you notice several wallets in your folder making large buys of the same token simultaneously, you might be looking at coordinated action.
4.Analyze the patterns:
Pay attention to how these wallets behave after buying. If they hold without selling or if they exit at similar times, this could indicate a strategic play.
3. Analyze on-chain data: ⛓️
Token Holder Distribution using @tradewithPhoton
Check the token distribution to identify wallets with significant holdings.
A wallet that has accumulated a large percentage of the token supply but has not sold is likely to be a strong accumulator.
Look for dormant wallets: 💤
Dormant wallets that receive large amounts of tokens but have no outgoing transactions might be strategic holders, planning to sell at a later time or are confident in the long-term value.
--> check WOLF, WDOG, BTW and you'll find a lot of these
4. Monitor blocks and priority fees: 🧊
Identify wallets that aped in the first few blocks after a token’s creation. If these wallets keep accumulating over time without selling, they are likely early accumulators with potential insider knowledge.
High Priority fees: ⚡️
If the priority is really high and the wallet instantly selling --> it is usually a botter / sniper
Track him to have the ca of the next hype release
Analyze PnL without outflows: 📈
Use profit and loss tracking tools to identify wallets with a positive PnL but no outgoing transactions.
These wallets are likely accumulating and sitting on unrealized profits
Tools:
@CieloFinance and @gmgnai
6. Token movement between wallets:
Check for transfers:
Accumulators might transfer tokens between their own wallets. (I'm doing it myself to get rid of copy trader who are automating the process)
Use blockchain explorers to trace these transfers.
HODL wallets
If tokens are moving between related wallets without reaching an exchange, the overall position might still be in an accumulation phase
If not
1) go on solscan
2) check "Balance changes"
3) use "SPL" / ALL
4) check the movements
5) Check "SOL" for funds movement
7 Behavior after Major Events: 💥
Monitor post-announcement behavior:
After major announcements or listings, check if any large wallets start selling.
If a wallet continues to accumulate even after a significant price increase or news, it indicates strong confidence in the token’s future value.
Exchanges like Binance are the biggest listings.
8. Social media correlation: ✨
Follow wallets associated with known influencers or early backers.
--> Cross-reference their wallet activity with public statements or social media posts to see if they are accumulating before they publicly promote the token.
9. Automate Monitoring with Scripts:
Advanced users can create scripts to monitor specific wallets and tokens, automatically flagging when certain wallets accumulate without selling.
This is what i've done with @projectwtech
BONUS:
Dear devs, automation is a cheatcode
Basically the whole process of doing everything manually has now been automated through 1 bot and 4 main features.
Adding more and more filters daily to find all my insider wallet.
➡️ I hope this thread helped you to have a better overview of how to get insider wallets !
CONTENT SOURCE: RESPECTED FEED_SOL ON X
That's it for today folks,
Thanks for reading! For more insightful crypto content,
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