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Main/Onchain wallets analysis cases/
How to profit in cryptocurrency by following smart money purchases

How to profit in cryptocurrency by following smart money purchases

How to profit in cryptocurrency by following smart money purchases
CryptON
31/10/2024
Authors: CryptON
#Wallets

Our client shared a case on how they earned using our product – wallet analysis.

I was tracking DEX purchases by a wallet that managed to earn an impressive $3.29M on Neiro! This address clearly knows profitable deals, so on October 24, when it acquired the SPX 2.0 token, investing $11K in a little-known asset, it caught my attention. Previously, a token with a similar name but without the 2.0 designation had exploded in the market and brought early investors massive returns. I bought SPX 2.0 as well, following the smart trader’s actions. In just five days, this investment grew by 907%, netting me a pure profit of $6,000!

How to track Smart traders' purchases in cryptocurrency

In my observations, the most profit is earned by traders investing in lesser-known tokens on decentralized platforms.

I followed a wallet that built its capital specifically through such DEX purchases:

How to profit in cryptocurrency by following smart money purchases
Figure 1 - Smart Trader’s wallet tracked by a user according to ArbitrageScanner.io

Explore the wallet yourself – here

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Main/Onchain wallets analysis cases/
How to profit in cryptocurrency by following smart money purchases

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