Earning $1M won’t be hard if you follow their lead. Here’s a hidden strategy on how to copy whale trades. 🧵👇
Crypto whales are individuals or institutions holding large amounts of cryptocurrency. They’re often skilled traders, making significant profits. For instance, if a whale buys a meme coin in large quantities, it’s a strong signal that the token has potential for massive gains.
By following whales and replicating their trades, you can easily grow your portfolio.
That’s why I’ve put together a detailed strategy on how to find these whales and copy their trades.
1/ Where to Find Whales?
The best tool for spotting whale activity is @DEXScreener. DEX Screener is a leading crypto analysis platform that explores data across multiple DEXs and chains, such as Solana, Ethereum, Base, and more.
2/ How to Search
⫸ Go to dexscreener.com
⫸ Select the Solana chain
⫸ Click on "New Pairs" (7d)
⫸ Choose any token and click on "Top Traders"
⫸ Identify the individuals who invested the most or earned the greatest returns
⫸ Click the button under “Exp”
⫸ You’ll be redirected to SolScan, where you need to copy the owner’s wallet address
3/ Check the Whale’s Wallet
To analyze the activity of a whale’s wallet, use the @Zelfiguru Telegram bot. This bot helps you quickly identify the wallets of traders whose strategies have yielded impressive gains.
4/ How to Analyze the Wallet
⫸ Visit t.co/eo6OMSHJvj
⫸ Launch the bot
⫸ Click on "Check wallet on Solana"
⫸ Enter the wallet address
Review the analysis provided by Zelfiguru for insights into wallet efficiency, return on investment, success ratio, and engagement. Determine whether the wallet consistently maintains profitability.
5/ Steer Clear of Scams
Use @Rugcheckxyz to avoid potential scams. Simply input the token addresses from DEXScreener into the analyzer. Choose tokens with high ratings and avoid those with low scores.
6/ Copy Trading
To quickly and efficiently copy whale trades, you’ll need a trading bot, as manual trades may not be as profitable. One of the best bots for this purpose is @TrojanOnSolana.
7/ Set Up the Bot
⫸ Visit t.co/wZFgLCMvDt
⫸ Launch the bot
⫸ Send SOL to the wallet in the bot
⫸ Press on "Copy Trade," then "New"
⫸ Create a “tag” for the wallet
⫸ Enter the wallet address for copy trades
⫸ Enter the parameters as shown in the photo
⫸ Press on "Add"
Note: Enter the buy amount at a price you’re comfortable losing.
Copying whale trades can be a powerful strategy, but it’s essential to proceed with caution and only invest amounts you can afford to lose.