📊 How whales move the market: Learning to read on-chain signals
In crypto, everything is transparent — and this is no joke. All transactions are recorded on the blockchain. This means we can track the actions of large wallets — the so-called whales 🐋
Why is this important?
When a whale moves a large sum of tokens, it can indicate:
- An upcoming dump (transfer to an exchange);
- Long-term purchase (transfer to a cold wallet);
- Participation in a project launch (movement of project tokens, liquidity injection, etc.).
🔍 How to track:
- Whale Alert — Telegram and X account with large transfers;
- Arkham, Nansen, SpotOnChain — analytics for addresses;
- DexTools, Etherscan, Solscan — manual monitoring.
📌 Example:
Last week, one of the whales transferred 10 million USDT to Binance. A couple of hours later, the market went down — and, most likely, he sold at a local peak.
Conclusion: keep an eye on the whales. Their movements are not a guarantee, but often a hint at future turbulence.