Family! At three o'clock yesterday morning, I was awakened by messages in the fan group: 'Analyst, help! A certain mainstream asset suddenly plummeted 3 points. Is it going to crash?' I squinted and opened the on-chain data, and burst out laughing: This is not a crash; it clearly shows our crypto circle's 'invisible rich group' (commonly known as 'giant whales') are just 'moving house'!
As an old hand who has tracked the movements of giant whales for 5 years and dodged 3 major crashes with this trick, I must reveal my secret stash today! With straightforward language and humorous interpretations, even beginners can understand instantly. Learning this can help you avoid at least 80% of the 'retail traps'. Remember to type 'let the big shots take off' on the public screen after watching!
First, let’s clarify for the newbies: why can the actions of whales serve as a 'market weather forecast'? Simply put, the crypto market is much smaller than the stock market. Some whales hold assets that can account for more than 5% of a certain cryptocurrency's circulation, just like when a big spender suddenly comes into a small market and buys up produce with large cash, prices will definitely fluctuate. I have suffered losses in the past by not paying attention to whale movements; after heavily investing in a cryptocurrency, I was caught when whales dumped their holdings at the peak and had to stand guard for 3 months. Since then, the first thing I do every day is to analyze the whales' 'ledger'!
Here comes the key point! 3 whale tracking tools that ordinary people can use. I have tested them and found them useful. Using them together is 10 times more reliable than looking at just one. Take good notes and don't get distracted:
First, basic version: ecological corresponding block explorer. For example, the commonly used one in the Ethereum ecosystem is equivalent to a 'public ledger' in the crypto circle. As long as you obtain the public address of a whale, you can copy and paste it in, and all their transaction records and balance changes are completely transparent. You can clearly see when and how many coins were transferred and where they went. Here’s a funny reminder: don’t memorize addresses; save them in a notepad. I once mistakenly typed a character wrong, searched for a long time, and found it was a counterfeit address. It was so embarrassing that I wanted to dig a hole and hide!
Second, intermediate version: top blockchain analysis tools. Basic browsers can only view 'flow,' while this tool can help you 'identify people'! The platform labels known whale addresses, telling you whether it belongs to an institution or an individual whale. My most used feature is 'set alerts'—I add key whale addresses, and whenever they make transactions above a certain amount, my phone alerts me immediately. It’s much more efficient than staring at the screen, and I can keep track even while being distracted.
Third, advanced version: professional data analysis platform. If you want to view whale holding trends from a macro perspective, use this! The platform will chart changes in whale holdings and capital flows, such as 'how much a whale's holdings of a certain asset have increased in the past 7 days,' making it clear at a glance. Beginners should not jump straight into the advanced version; first, understand the basics, otherwise, a bunch of data can confuse you and have the opposite effect.
Once you've learned the tools, the next core topic is: what do the 4 small actions of whales really mean? Based on my 5 years of practical experience, I will break it down for you. Understanding it is equivalent to mastering half of the 'wealth code':
1. Bullish signal: cold wallet 'restocking'. When whales continuously transfer assets from their daily-used hot wallets to cold wallets (equivalent to putting money in a safe), or directly make large purchases on-chain, it's a signal that says, 'I am optimistic about the market and prepared to hold long-term!' I vividly remember the end of April 2025, when the market was in a slump and many were saying, 'the bear market is here,' but I noticed several Ethereum whales quietly accumulating. At that time, I told my followers, 'You can start with a small position,' and within a month the market rebounded by 15 points, and those who followed my advice made a small profit.
2. Bearish signal: hot wallet 'stockpiling'. Conversely, if whales transfer a large amount of assets from their wallets to trading platforms, be cautious! It is highly likely that they are preparing to sell, and the market may face downward pressure. Here’s a small detail: small amounts transferred in batches may be normal cashing out; however, if a large amount is transferred all at once, quickly raise your alert, reduce your positions to avoid risk, and don’t wait to be caught in a market crash.
3. Risk-hedging signal: switching to stablecoins. When a whale converts all their various crypto assets into stablecoins, this is a signal of 'self-preservation.' They believe the market is about to correct, so they convert their assets into 'stable money' for safety. I've seen an extreme case where a whale converted assets worth 3 billion into stablecoins in a single day, and 3 days later the market dropped by 8 points. I must say, the whale's instincts are truly sharp.
4. Asset transition signal: cross-asset transfer. When a whale exchanges asset A for asset B, such as trading Bitcoin for Ethereum, it is not necessarily bearish on A but believes that B has greater potential moving forward, thus performing asset rotation. For example, in August 2025, a whale holding a large amount of Bitcoin exchanged 5 billion Bitcoin for Ethereum. Many thought Bitcoin was going to drop, but Ethereum later rose by 20 points. This illustrates the misunderstanding of the whale's logic in switching assets, leading to unnecessary panic.
Lastly, it must be reminded: whale movements are not a 'universal key.' They should be combined with macro environments and market sentiment for comprehensive judgment. Don’t blindly copy others’ strategies! Otherwise, while the whales have made profits and exited, you might end up as the 'bag holder,' and I certainly don’t want you to suffer that loss.
I know many beginners still find it complicated, but no worries! Follow me@帝王说币 #巨鲸动向 $BTC
