1) 𝗪𝗵𝗮𝗹𝗲 𝟬𝘅𝟴𝟱 has an incredible track record of purchasing stuff early and taking profits on time.
It has been only 3 days since he made another trade with a purchase value of 𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗱𝗼𝗹𝗹𝗮𝗿𝘀.
Who is this whale and how can we 𝐭𝐫𝐚𝐜𝐤 𝐡𝐢𝐦?
2) I use a blockchain analytics platform like @ScopeProtocol to identify profitable whale wallets.
I use @DeBankDeFi to get an exact overview and amount of assets they are holding.
I use @zerion to see their track record.
Address shared at the end.
3) 𝗪𝗵𝗮𝗹𝗲 𝟬𝘅𝟴𝟱 certainly knows when to buy and sell stuff.
He doesn't seem to be a very diversified trader and mostly has a focus on trading / accumulating the same projects but does a marvellous job at doing so.
One of his main plays this year has been $LDO.
4) His earlier purchases has made him a profit about halve a million dollars.
The time of purchase and sell has been pretty accurate to say the least.
5) His other main play? $AAVE
Although he didn't sell the top yet, he did purchase the absolute bottom this year.
His earlier purchases has made him a profit about halve a million dollars.
6) While it would be a tad bit to long to look at every single play in his entire portfolio we can look at this year's overall performance.
Keep in mind if you see a big jump or drop in the wallet's valuation like the start of the year it's likely a big purchase.
7) It doesn't always track regular ROI like a trade.
As such it's likely more accurate to see he mainly started with a valuation of 20 million dollars this year.
Ramping it up all the way to 32 million dollars at today's valuation.
8) His main convictions?
Although there's quite a list of multiple plays he mostly put his faith into:
$ETH
$LDO
$AAVE
$CRV
As we usually see with whale's this size, they mostly focus on trading well formed and proven protocols.
Buying low and selling high vs aping into shit.
9) His latest purchase 4 days ago?
$LDO again.
Making 50+ ''small purchases'' of 40k each likely to reduce slippage.
Whales benefit a lot from splitting up their big order for those who are wondering.
These types of purchases make us seem rather small doesn't it 😅
10) He has a track record of trading $LDO quite profitable so will this turn into a big win again?
Tough to say but it certainly does make sense considering there has been a big boost in interest in liquid staking due to the ''Ethereum Shapella upgrade''.
11) $LDO is one of the main plays of liquid staking in today's market which does give it added conviction.
It's tough to imagine #LIDO not doing well once the market picks up in volume again.
It even already did well this year.
We'll continue to monitor this from now.
12) If you are interested yourself you can track the wallet ↓
The wallet:
0x85257f61bcf59f7498007d8e08d6efb7ac1eef4c
13) This thread was made to provide more insights into the behaviour of this whale.
Also the insight on how to track him!
One thing is for certain, I'm monitoring him closely and will keep you up to date once I see any changes.
Nova out ❤️
14) If you like these threads consider giving me a follow @CryptoGirlNova.
I write guides to make you a better trader including 24/7 live updates on the market.
Like/Retweeting the first tweet below would mean a lot to me 👇💟
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.