Working with on-chain data has always been one of the most important skills.
But right now, having this skill is more crucial than ever.
It’s the only way you’ll succeed and outpace other market participants.
Especially when it comes to finding hidden gems before anyone else.
I'm gonna break down an example using the memecoin $PESTO, and you'll get:
• How to spot Smart Wallets on-chain.
• How to analyze them the right way.
• And most importantly, how to pull in the same profits from trading memecoins.
First, crunching the stats is crucial—no way around it.
Ideally, when a Smart Trader starts trading with a small stack.
They've got less room to slip up, and their goal is to squeeze the max profit from a single trade.
Using this wallet as an example, you can see:
• Total PnL: +$241.8K
• Unrealized Profits: $104.6K
• SOL Balance: 41.57 SOL ($6,551.07)
Like I was saying before, small entry into the trade, small balance.
Next up, we're gonna break down the trades and portfolio of the Smart Trader.
He pulled his biggest profit from $PESTO, buying in with just $200.
2 days later, he started offloading his position bit by bit.
Another 6 days later, he made his last sales and is now holding onto the rest.
Sure, you might say he's an insider or part of the team, but that's nonsense.
Check out the video—he's just a regular degen trader who also takes losses on trades.
So I'm gonna explain below how you can make money from everything I just talked about.
Now here's where it gets really interesting—you gotta find similar wallets and track the coins this wallet is investing in.
Your mission is to figure out if this memecoin can go viral.
Keep an eye on social media; when influencers start shilling it, that's a solid sign.
Keep constantly analyzing the memecoin market.
The bull market's kicking off now, and you gotta be glued to your screen, hustling nonstop.
The tool you see above in the video is @gmgnai—it helps you spot Smart Traders.
Besides just spotting Smart Traders with it.
You also get a detailed breakdown of the wallet/coin and all the transactions.
This tool's kinda like DexScreener but with a more user-friendly and slicker interface.
I hope my article was helpful, if so, please :
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