In the world of cryptocurrencies, blockchain openness is both a blessing and a potential risk. Every user can view any transactions, wallet balances, and token movements. But how to use this safely without revealing yourself and your actions?
Here are the key principles:
1. Use blockchain explorers wisely
Services like Etherscan or BSCScan allow you to monitor specific wallets, tokens, contracts, or actions on the network.
You can:
Enter the token address and track all its holders;
View the activity of the wallet of interest;
Study 'smart money' — the actions of experienced traders and whales.
Important: do not log in to such services under your wallets. Just use them in viewing mode.
2. Tags and analytics — without unnecessary registration
Services like Nansen, Arkham, Bubblemaps allow you to analyze interactions between wallets, identify connections, and 'group' addresses by tags. But:
Use them without connecting your wallet;
If there is a subscription — do not leave real data.
3. Track tokens without compromising
The following will work:
Watchlists on CoinGecko, CoinMarketCap;
Bots in Telegram (like DexScreener or TokenAlerts);
Private tables in Google Sheets with API for monitoring.
4. Use burner addresses
If you want to test interaction with contracts, track project behavior, or participate in tokenomics — use a separate address not linked to your main wallet.
Conclusion
Blockchain transparency is a powerful analytical tool. But it's important not to leave a digital footprint: do not log in to analytical platforms, do not 'shine' your main address, and approach tracking others' assets wisely. Analyze, but remain in the shadows.
