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How to trade profitably using wallet analysis

How to trade profitably using wallet analysis
CryptON
04/09/2024
Authors: CryptON
#Wallets

Our client shared a case study on how they were able to profit using our product – My Collections.

One of the wallets in my personal collection, which I curated based on the best financial trading metrics, showed interest in the Prime token. Despite the asset’s significant growth in March, there were still market participants who saw value in it. After assessing the Risk/Reward, I bought the altcoin, following the purchases of a top wallet. This strategy brought me a profit of 50%, or +$5000.

How to easily track crypto wallets

To track the actions of top market participants, I used My Collections:

How to trade profitably using wallet analysis
Figure 1 - Wallet from the personal collection of our user according to ArbitrageScanner

For each wallet in my collection, I wrote comments to simplify maintaining my personal records.

Thus, the main success indicator for me was realized PNL

How to create your top crypto wallets for tracking

Important criteria for adding a wallet to my personal collection include financial metrics as well as the address's activity:

How to trade profitably using wallet analysis
Figure 2 - Trading metrics of the wallet, as well as the time of its last activity according to ArbitrageScanner

To study a wallet yourself – click here

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