What to Monitor
- Holder distribution: top holders, concentration, and changes over time.
- Net flow: consistent net buying vs net selling from tracked wallets.
- Liquidity context: low liquidity can amplify moves (and risk).
- Fresh wallets: growth rate of new holders can matter.
A Practical Workflow
- Check liquidity + holder concentration before getting excited.
- Scan recent swaps: identify repeated buyers/sellers (not one-offs).
- Watch whether big wallets add after pumps or distribute.
- Track changes over time (hourly/daily) instead of reacting to one transaction.
Risk Notes
On-chain activity is noisy. Bots, aggregators, and linked wallets can distort signals. Treat wallet tracking as research input, not a guarantee.
FAQ
Do “smart wallets” always win?
No—some are early, some are lucky, and some are market-making or automated strategies. Consistency over time matters.