Original archived Re: Made Money from Spotting what whales are Buying?
Scraped on 29/08/2025, 06:17:18 UTC
If you are a web3 enthusiast, particularly those active in DeFi and crypto trading, let me know how often you use on-chain analytics platforms like Glassnode, Nansen, or Dune to track whale wallets and top traders' activities.
What do you do with those discoveries? Do you start buying what the whales or big investors are buying, no matter how small your funds are? Or do you do these just to catch market trends?
I used hypurrscan, the hyperliquid's explorer for this to find some whales opening large perp position on-chain.
Sometime there are large position with millions if not hundred millions and I believe that's a small hint on what's going on to the coin they longed and can be an opportunity.
However, just because whale open large position doesn't mean they're right. I've seen position that get liquidated as well despite the large size. Basically you don't guaranteed to earn money through this method.