One of our community members @taizidianxia11 shorted 700% of#YFIIby maximizing @ScopeProtocol's tool Watchers. Want to know how he did it?

First, why #YFII? Let’s check out the token dashboard here, with some statistics below:

- 99.9% of tokens in circulation

- $41 million market cap (< $200 million)

- High unit price

- Futures trading on major exchanges

All of this suggests that#YFIIprice is vulnerable to whale behavior.

Speaking of whales, let’s take a look at @0xwatchers’ $YFII whale tracking:

It shows that 86 whales control over 35% of the total supply!

This means that even if only 1 whale makes an asset transfer, the $YFII token price can still change dramatically!

Knowing the background, what we can do is to find some big whales and track their activities.

But how do we find these whales?

Fortunately, we can find these on whale watch at http://watchers.pro.

Among all the giant whales, there is one that caught the attention of @taizidianxia11:

0xa4d68627cb6360466f9a6fa6e5db267ef7850c68

This address has been accumulating $YFII tokens from exchanges since November 11th.

🚨 We can also see from the price chart that the $YFII price started to rise rapidly from November 11th.

This also shows how much impact the behavior of whales has on token prices!

So @taizidianxia11 set up a Watchers alert to closely monitor the activities of this whale.

The turning point is coming!

On Nov 20th and Nov 21st, whales moved all of their 9241 $YFII (23% of total supply) to #binance.

What is he doing?

Since#YFIIhas no subsequent trading on #binance.

The answer can only be:

💀 He will sell everything at once...

This steep#YFIIseems too obvious:

The results confirmed the speculation, and the $YFII token price fell from $4,000 to $1,377 in 1 day.

🫡This is the story of how to earn 7 times the profit in 1 transaction. What does this story tell us❓:

1. If you hold a token, be sure to monitor the activities of whales before they sell.

2. If you are a professional trader, monitoring whales will increase your chances of winning.

This is what Watchers (http://watchers.pro) can help you with:

1. We show you a list of whales and their shares.

2. We show you their activity patterns

3. We help you receive alerts before whales make unusual moves.

🔧What you need to do is to do research through Watchers first and then make a decision.

Try it!