This wallet went from $11k to $750k (+$300k last month)
He has 90% win-rate and detects trends very early.
Let's analyze his trades, and see if he's insider 👇
➮ Here's how you can find and examine wallets like this:
✧ Visit @DEXToolsApp
✧ Explore the Hot Pairs
✧ Copy the token address and check it on etherscan
✧ Analyze top 10-20 holders using @zerion
✧ Check their holdings, PnL, and recent transactions
Btw, whale's token portfolio is only $300k, but balance displays $750k.
This means the remaining funds, $450k, are held in NFTs.
Well, I won't be looking into NFT trades here, but let's focus on his token holdings instead
It's immediately evident that he holds a significant number of tokens, even if they're of minor value.
This indicates that he's an active trader.
Moreover, out of the $275k, a single token accounts for $227k.
➮ His largest holding is $SPX:
✧ Profit: $220k
Moreover, he still holds these tokens worth $220k, and I've noticed something intriguing
There are many transactions in his wallet, and he consistently purchased exactly 6900 $SPX tokens at the end of August - beginning of September.
These transactions look like buybacks from a bot.
His 1st purchase was made when token had just launched and was at its very bottom.
Cluster of his wallets control 3% of total supply, and I suspect that token's devs might have bought in through this wallet before its pump, or he could be an insider.
4/➮ His second major holdings is $BS.
✧ Profit: $39k
He bought $BS shortly after its launch at its lowest point, almost like an insider or developer.
Rather than getting greedy, he started taking profits in small portions when the price was at its highest.
Overall, the wallet is quite interesting. I will keep an eye on it.