Transcript for:
Understanding Wallet Tracking for Solana Coins

Today I'm going to talk about one of the most important things in the business of important thing when trading Solana meme coins and that's wallet tracker. As you guys can see when I'm trading I always have to my right my wallet tracker. I personally use Ray, it's a Telegram bot. I do pay 0.4 Solana subscription every single month to have more wallets and a dedicated bot but if you're starting out you can actually just use it for free and it will work just fine. So in this video I'm going to show you guys how you can find your own wallets to track, how to track them and how I personally use this information and these track wallets to make more money on chain. So well, let's start from the beginning. What is wallet tracking? Essentially, it's just following the movements of a Solana address. What tokens are they buying? When are they selling? What market cap? How much Solana are they putting in? Are they making any transfer? Are they minting any coins? Are they burning supply? All of that you can do when wallet tracking. Obviously, the most important thing and the thing you need to focus the most is what coins are they buying and when are they selling? As you guys can see to my right I have my wallet tracker open and I just get notifications over and over of different wallets I track buying and selling coins. Before going any further I do have to say this is a bit different of copy trading. This is not a video about copy trading. Copy trading is essentially just following the movements of a wallet and an address but you're copying the same movements they're doing. So when they're buying you're buying automatically and when they're selling you're selling automatically. In my opinion I don't personally recommend copy trading. I've never copy traded. but if this video you know helps you out to find good wallets to copy trade hey you can do whatever you want but i would recommend always to just wallet track and learn how to trade it by yourself and make your own decisions when trading wallet tracking is very useful because at the end of the day you're getting information about people about wallets that are making crazy amounts of money every single day and you're getting the information of which coins they're buying and when they're selling maybe they are insiders maybe they have you know information coming from somewhere else we don't know we can still get into these plays without necessarily knowing what's going on and i'm going to show you guys how you can find those wallets and use them to your advantage okay so now the only thing that we need is to start finding some good wallets and i'm going to show you three different methods to find some of these great wallets to track the first method is twitter pnl cards when you see these crazy pnls on twitter being posted on your timeline and you wish you knew these guys wallets to get into the same place they're doing the second method is top traders on a coin and the third method is gmgn so actually let's start with the third method and go all the way up to the two european nail cards and for that we're gonna go ahead and go to gmgn this is basically just another trading platform like bullix like photon but it has a really nice feature called discover and here you can find many many many different wallets separated between different categories like pump fund smart money smart money fresh wallets kol snipers you can go through these sections different sections and depending on the way you trade you can choose different wallets so for example kols are just basically people on twitter that are you know have some following and they found their wallets or their ones are public so they're posted right here but for the purpose of this video i'm going to show you the way i would find my wallets and i would probably go to pump fund smart money because as you guys know i'm a pump and trader i'm just scanning all day looking at new pairs and pump and smart money are basically wallets that are making the most amount of money on pump fund so if we go to pump funds more money we'll get all these different wallets that are making a lot of money trading these new creations you can filter through you know soul balance pnls seven day pnl 30 day pnl win rate so for this method you're just gonna go ahead and scroll through these wallets and see which ones they call your attention so for example let's go for this guy right here this guy has a seven day pnl of three hundred and forty eight thousand dollars so we go ahead we can click to the wallet and we can see all the information right here so this is the pnl on the last seven days this is the total pnl on the wallet 1.5 million us dollars absolutely crazy we see that he trades on photon and we have pump fund smart money and smart dgen and if we go to the section of recent pnls we can basically go ahead and filter through realized profits and we can see the best trades he's done on the last seven days and the most profitable ones he made 100 solana on truthiness he made 76 solana on potus 50 on ghost 50 on autism so this guy is printing money on the last seven days for this method i'm also going to recommend you guys open cielo that's another platform to track wallets and the good thing about cielo is that cielo is a bit more accurate with pnl so we can go ahead copy the same address paste it on cielo and we're going to get a bit more accurate information on the pnls of this guy so we see that the token pnl on the last 30 days is 1.3 million not exactly 1.5 million plus but still crazy crazy pnls and we can also filter by the last day so you see in the last day he made already a thousand four hundred dollars and we can see all the best trades right here twenty thousand dollars on truthiness fourteen thousand dollars on potus it really doesn't matter you can use gmgn if you want to see more accurate results i would recommend also put it in cielo we also have the different tags uh cielo adds to this wallet so flipper high volume dex trader popular wallet so this means that this wallet is actually heavily tracked so many people are watching this wallet okay so now that you've found a wallet that calls your attention we can actually dig deeper and see how he trades this tokens that he's making so much money so let's go for example with this one truthiness so what we're going to do is go ahead and open bullx photon or whatever trading platform you use in my case i'm going to use bullx neo i would recommend if you don't have access to neo do this on photon i will explain in a second why if you guys not trading with bullx link in the description to skip the waiting list bullx neo is going to drop very soon and it's going to be game changing i'm telling you guys i've been using it for a few days now and it's great so yeah go to your trading platform copy the ca of the token you're looking for let's paste it in we see truthiness it's a token that is sitting at 400k right now and now to see how he traded this coin we're going to go back to gmgn copy the address of the wallet and go to the trade section go to marker and enter the address right here and here we have everything oh and actually i already tracked this wallet right here So now we are filtering just by this guy's wallet and we see when he bought and when he sold. We can see that he bought all the way down here and we can actually see the market cap. He bought in with 20 Solana at a $378,000 market cap and his first sale was at 1.3 million. So we see the buy right there and we can see that the guy starts selling here, starts selling here and he sells all the way through the upside. He doesn't sell on the top though. He doesn't sell on these tops like. 30 million or 14 million and now he'd sold all the way back here when he saw that the coin was dumping so as you guys can see i actually do track this wallet already so let's see if we can find another wallet to track so again i go to pump fund smart money on the discover tab and let's see if we find something interesting so let's see for example this guy made on the last seven days 400 000 us dollars so let's see which wallet is this one so we have a 65 win rate let's copy the address again i'm going to check on cielo see uh the real pnls here it's going to be you know very similar but this is more accurate so again we have a popular wallet so this guy is heavily tracked high volume dexterator and this guy 30 day p l is 1.1 million us dollars absolutely crazy we can see their best wins right here on any of these platforms we can also see how much he bought and how much he sold this is very important because maybe the way you trade maybe some of these guys you know are putting a lot of money into some of these coins for example fifty thousand dollars into a coin is a lot of money we'll see some trades where he's putting a thousand dollars a thousand dollars a thousand dollars and he's making 35 28 28 so he's making a lot of money from you know a bit more of a little investment maybe that's something you can look for as well on the way you trade let's see his best trade and by claude uh we're gonna go ahead go again to my bullocks so we have here and by claude you And again, we go to the trade section. We copy the address of the wallet. And this is a guy that I do not track. As you guys can see, I don't have a name put on this wallet. This is something you can only do on BullXNeo. So we see that this guy bought 40 Solana on 700k market cap and 1.5 million market cap. So here we have the first buy right here at 700k market cap. We said more or less, yeah, 700k market cap. And then the second buy on 1.5 million. So he bought and then he just started selling. at what market cap 2.7 million market cap so i really like how this guy trades uh it's kind of similar on how i do my trades as well he's just clipping all the way with the volume all the way up non-stop clipping and securing a lot of profit so he's not like just like holding and just blasting everything at the top he's just like clipping all the way through as the volume goes up and as the price goes up let's check one of the other trades where he puts less money let's go with this one sink let that sink in this coin he only bought five solana so not as much money put into the coin and he bought on 84 000 market cap so yeah we see that he basically bought after the pump on migration straight on and then we see all the sales he's done after just a five solana investment so really really good trade here he actually sold a bit too early like he could have made a lot more money if he held a bit longer but nevertheless very good trade i think this is a wallet worthy of tracking in my opinion so i think i'm going to go ahead and add this wallet to my wallet tracker so the way you do that you copy the address and then you go to your you know telegram bot or whatever you guys using in my case i'm going to go to ray and i'm going to go and add this wallet to my wallet tracker and i'm just going to go ahead and name him oh plus 1 million pnl 65% win rate i'm just going to add a few metrics so i know when i see this on my wallet tracking i know if it's a very good wallet or a medium wallet the way i use this now on bullxneo is actually very very interesting i can go ahead and go to wallet tracker right here and i'm going to add his wallet here as well there we go and i'm going to add a little emoji so the way does this work is now if i go back to this trade i see all the different track wallets i do on little bubbles right here so this is the guy we just added that's him right there he bought 900 us dollars and then we can see all the little clips he's done selling and we see you know other website track also buying in and selling as well at the end of this video i'm going to exactly show you guys how i use this to my advantage on a live trade so stick to the end for that so this has been the first method gmg and discovery tab there's so many wallets you can find here with different trading styles so just go ahead take your time go through these wallets and see which ones are the best for you so now let's hop to the second method and that's going to be the top traders method for this you're going to go ahead and find a coin that has run massively on the last days so for example in this case i'm going to go ahead and okay sorry someone just followed me on kick and i have that open on my obs i'm going to go ahead and go to a coin called pimping we want to find a coin that you know has done extremely well on the last days and we're going to go ahead and go to the top trader section and here we can see the wallets that made the most amount of money on this coin and here what we're looking for are wallets that haven't bought an enormous amount of money so for example this guy has bought 80k us dollars on this coin so maybe that's a bit too much money that's not the way i trade i want to find someone that hasn't invested that much amount of money and got a really nice return so for example someone that calls my attention is this guy investing 600 us dollars and cashing out 100 000 us dollars So this could be a really interesting wallet to see how he traded and if he does any similar plays. This one as well, $900 to over $100,000. So let's go through these two wallets and see how they traded. Let's start with this one. So what we can do here is we can just filter through the marker. We can already see how he bought and how he sold with 1.56 Solana. That's something I would do. So we see here he bought on Pomfond at 20k market cap for 1.5 Solana. And he started selling on... five sold and five sold on 300 and 400k market cap so we see here the two sales and then he bought again for three solana using the profits he just made right here and then he held through all this dip right here all the way to 200k he hold all the way to 4 million and then he sold here he kept holding he kept holding and then started selling at 14 million 15 million 27 million so we see that this wallet you know did a great trade right here let's see if he does this very often let's copy the address of the wallet let's go again back to clo or gmgn so here we have the wallet so we see pin pin the trade a hundred thousand dollars in profit we see other trades for eight thousand dollars profit two thousand dollars profit two thousand dollars profit we can also check if this guy is you know losing heavily on some of these coins because he actually has only a 21 percent win rate he lost two thousand dollars here one thousand one thousand six hundred so you know not that crazy of the losses but looks like you know you he's basically aping a lot of these pump on tokens that's why the win rate is very very low but overall he's still up a hundred almost a hundred thousand dollars on 30 days but also something very interesting is we see that the balance of this account is only 0.001 solana so he has no money on his wallet that probably means he has changed wallets so what we're gonna do is try to find his new wallet for this we can also use cielo we see related wallets and we can see where he's putting all the money of this wallet into so we see we've got another wallet right here in flow twenty thousand dollars so we see this account has 400 solana and let's see if he's trading on this account so it looks like this guy hasn't traded on this account yet if you see something like this you can just kind of scroll through uh soul scan try to find his other wallets let's go ahead and go to pimpin again and um let's find that other wallet we were talking about and see if this guy is trading on this wallet so this guy only invested 600 dollars and he made over a hundred thousand so let's go ahead and see this wallet we're gonna filter through the wallet and we see he only bought once three solana at a hundred and thirty six thousand dollar market cap we see the buy right here for three solana and then this guy just diamond handed all the way through all the way through to 30 million and that's when he started selling so we can see his first sale was at 20 million on the last 30 days he's made 71k usd so uh let's see because that means he's also losing some money on some of these trades so let's see if we can filter through we see that he actually does lose somewhat heavily in some of these coins 5k 3k 2k so this guy is rate is horrible only 10% so basically this guy is just aping every single coin he's seeing on pump fund i'm guessing he's down 7k on the last 24 hours so maybe you know this is a lucky trade it looks like he doesn't really have any other crazy good trades after this one so he has a hundred thousand dollars on this one you know that's life-changing money but this is a wallet that i would probably avoid he has a very low win rate let's see for example this one he only invested 387 dollars and he got out more than 50k us dollars this guy played this really really well he made 50 grand on this trade again let's see if this guy is making these kind of plays often actually this guy is making some very good plays so on the last 30 days he's made over almost over 300 000 he made over 50 grand on pinpin on buyo 40k on this one right here it's not loading the name 27 on jenny so this wallet does look very very interesting i see he's aping reasonable amount of money on some of these coins and getting very massive returns so this is a really interesting wallet i would probably like to track this is an interesting wallet to track and i think i'm going to go ahead and add him to my wallet tracker so this is method number two you can basically do this every single day there's runners every single day you can go to the top traders and see which guys are winning the most amount of money on some of these tokens that are running very hard every single day and kind of look where they're buying when are they selling and then you can go ahead put them on cielo see if it's just one lucky trade or are they making this very consistently you And based on that, you can see if you want to track those wallets or not. Okay, and the final method is Twitter PNL cards. As you guys know, when you're scrolling through Twitter and you see some of these crazy PNLs and you wish you would have known this guy's wallet to track him. What I do is I will bookmark these PNL cards so I can afterwards go ahead and search them myself and try to see if I can find these guys'wallets. So for example, let's go ahead and see this guy that posted different PNL cards. So apparently this guy made... a lot of money uh lately he's made 300 sol in a bitcoin 170 30 and 600 on a shrub so let's see if we can find this guy's wallet we see that this is a bullx pnl card we have gay coin he made 345 solana so we're gonna go ahead and search gay con on bullx there we go gay coin at 779 000 on market cap and for this we gotta probably go to just go to top traders the best way to find uh A guy from the P&L card is to look for the total investment because this number usually doesn't change but this total profit can change because as you guys can see when he posted this P&L he hasn't sold anything so this number right here can change a lot but this number right here may have not changed. Let's see if we can find the guy that invested 16.95k and let's see if we can find it. Oh here we have him 16.95k invested and he sold 43k only so he made 26k on profit so actually this guy kind of fumbled like 30k on profits because he probably didn't sell at the top we also have the bullocks icon so that means this guy's trading on bullocks and this p l card from twitter is for bullocks let's see if this is actually the wallet so let's go ahead back to twitter let's see one of the other p l so let's go and search for this wolf's one so uh 5k so 4.95k and bullock's account look at look at that this is the same account right here on the different trades so this is the guy's wallet we just found it just like that very very easy we can see again how he traded that he uh aped in 25 so so this guy you know is going quite heavily and he sold all that so he actually made how much profit did he make he made only 6k and the total profit here is 34k so this guy is kind of round tripping a lot of his bags he's posting these piano cards when he's actually not making that much money because he's selling looks like at the wrong time and now what we can do is we can go ahead and copy this guy's wallet address if we click on the little icon next to it oh my god this guy is a hundred and seventy five thousand dollars negative in profit on the last 30 days so this guy is kind of getting all these pnl cards once he's actually losing a lot of money in the last 30 days actually it's not doing too well on all time he's lost 125 000 us dollars on this wallet i don't know if he has any other wallets but it's not going as well as it seems so uh let's see if we can find another one that i bookmarked let's go for example with another one that is a photon so it's different from bullock so let's see for example this guy made almost half a million dollars on act 500 million market cap almost 600 million market cap absolutely crazy that's the candle when it was listed on binance absolutely crazy so let's see the top traders we're looking for someone that invested a hundred thousand dollars on this coin uh so invested 600 solana okay so i'm thinking it might be this wallet right here we see that it's 121 000 invested this is a bit different now because i think with photo might be a bit different with the ml views dollars might change so we see that it's a holder on bull expo so another part so We don't exactly see where it's coming from because that's something I don't know why they changed this on Billix Neo. That's the only thing I don't like about Billix Neo right now. But he made 400 and almost 500k on this trade right here. So let's see if we can find this guy's wallet. Let's open it. Let's see how he traded that. So we're looking for a guy that invested 600 Solana. So we have 100, 200, 300, 400, 500 and 600 Solana. So this looks like it could be it. And this is all the sales he did. So we see that he bought... just before the binance listing or as the binance listing was basically announced and he just bought crazy amounts of money at around 30 million market cap just before the binance listing so this guy i don't know if he knows some information but this could be a really interesting wallet maybe he's kind of an insider or something let's see if we can find up only he made 200 000 almost two hundred thousand dollars from five solanas so up only let's go to the top traders and um we see so we're looking for someone that invested five solana i'm thinking that this might be it right here this is pro is this probably five solana it looks like i think it's the same wallet as well so if we go back we can see that 4.9 solana right here you know he's using five solana to vest and then he's using some 0.1 solana p to get into the trade if we actually go back to this act one we see that pbq pbq so this is the same wallet right here i think we just found the wallet so again if we click to the little icon we can open soul scan and this is the actual wallet because there's a difference between the account of the token this is the pbq but the wallet is this one holding 600 solano on his wallet and we can see all the trades right here so over 1.5 million us dollars so absolutely crazy wallet yeah and this is this guy right here profit that's how you find wallets those are the three different methods i wanted to show you guys you can use twitter cards from pnls you can use the top traders from coins that are running and you can use uh just like gmgn i i know there's like a a few different websites you can use to find some wallets but uh gmgn has great wallets right there you can if you don't know where to start you can go there and to finish off this video i'm going to try and get into a trade and i'm going to show you guys how i use this information on this wallet tracking to my advantage so the way i trade is sitting here on new pairs and waiting for something interesting to pop up get a good entry buy in and if i see some of these wallets buying the same coin i'm in i know you know it might be a good coin and it just gives me some more information on the coin i'm in if i see many wallets buying the same coin i'm in you know it might mean something i know some of these guys are just trench grinding they're buying and selling coins very very fast but at the end of the day you need to kind of just know which one is your tracking it's just really just getting used to knowing those ones you're tracking so yeah let's see if we can hop into a trade you oh my god it's just not letting me in bro oh my goodness gracious what again orangey bought there we go okay let's see let's see where this goes okay it's going nice and steady nice and steady nice and steady let me take a little profit here there we go and let's see if this bonds actually we have some other wallets aping in let me take another one before bonding please there we go perfect and there we go bonded so that's exactly what i wanted to show you guys um a trade where basically i was trying to get in here earlier but it just didn't go through so i put a different setting to buy the the coin uh i saw that cupsy bought and actually he hasn't sold yet so he didn't sold cups he was still in holding through this dip and i decided to go in in this dip orangey just bought after me and then on the way up another guy called terp that's uh he's from potion alpha he's not like a crazy like wallet k or wallet he does make good trades he has uh 50k on on piano on his wallet but as well so uh let's see let's see what this goes uh once it hits radium i bought this just because i saw that on twitter uh this this like squirrel that they make made a picture of a new friend uh andrea stroppa he has almost 100k followers and uh this is cute and doesn't have a name so uh he put the name right there the main idea of this wallet tracking is that i'm seeing cupsy buying so that this is a guy that has 1.26 million dollars in earning in just his wallets and this is the new wallet he's using so this guy is you know made multiple millions trading meme coins and i know how he trades and usually when he thinks that something is not going to run he quickly sells and in this case he didn't sell and he held through orangey bought as well and we can see here that the top holders of the coin is cupsy and orangey so you know there's two very good uh traders right here getting getting into the coin and let's see what happens once it goes to migration okay it's live on wow okay this is going very nicely right here we see all these sales going live right now cupsy selling orangey selling as well a bit so um yeah this is what the power of wallet tracking right here obviously i did choose the coin by myself you know i made my own decisions to a pin but you know at the end of the day it does give you some insight to see you know if the coin is good enough to buy in so right now i already sold almost six solana i ate in 1.5 so i think i'm just going to leave the rest and see what happens uh it looks like it's holding pretty well here no other new wallets are buying in terp did buy uh just a tiny bit right here it was like cupsy uh we can see that cups he already sold the last of his bag i think i'm just gonna go ahead and sell as well 5.28 solana trade right here that's a thousand bucks at the current price of solana so yeah boys this has been the video hope you like that hope you learned something valuable from this video hope you guys enjoyed and i'll see you guys in the next one peace out