How to Find and Track Crypto Whale Wallets?

In cryptocurrencies, you can profit by following the wallets of professional investors and whales because they have more information and chips than you do. In this article, we will take a deep dive into how to find and track wallets using block explorers. This includes:

• Using Etherscan to monitor wallets

• Use DeBank

• NFT Wallet Tracking

Let's open Etherscan and you will see all the ERC tokens here. On the HEX page, there is a lot of useful information to study. But now let's move to the holders section.

Generally, Etherscan sorts assets from largest to smallest. This tells you a lot:

• If all tokens are concentrated in a few accounts, this could be a bad sign because if they sell there will be a significant drop in price.

• If a large number of tokens are stored on exchanges, it may mean that the holders are only looking for short-term benefits.

If your goal is to find wallets that entered large positions early on, you can filter by the size of your holdings.

You can also do this by viewing your transfer history.

You can do this for any token. For example, this is a token I found - LYNK. It was just launched about 8 days ago and it's up 26% today. Let's first get its contract address.

Then search for it in the relevant block explorer and you can start looking for a wallet.

I started looking from the earliest transactions, aiming to find a wallet that had entered a large position early on. Then, this transaction caught my interest. This account purchased 60K LYNK tokens 4 days after the token was launched, and I wanted to investigate further.

Then copy their wallet address and paste it into a block explorer to pull up their transaction history, account balances, and their investment records.

This is their Erc20 transfer record, it looks like they often buy a lot of unknown tokens. I wonder if they have many successful cases, this is the hardest part.

Imitating them, and studying their patterns, is the way to become a better investor. Etherscan is not so clear for viewing the large number of tokens they invest in, for a more organized analysis, use DeBank.

Once you have found an account you want to track, you can follow them on Debank and regularly check their transactions on the block explorer. Of course, this method also applies to NFTs, and you can view the NFTs and portfolios of your tracking targets on Ethscan and Debank.