โ ๏ธ B๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ S๐บ๐ฎ๐ฟ๐ S๐ถ๐ด๐ป๐ฎ๐น ๐
Here's a quick walkthrough on how to find out who's winning and where the smart money is entering.
โ1. Head to the Futures Tab
โFirst things first: open your Binance app and hit the Futures icon at the bottom. Itโs the one that looks like a little notepad with a diamond.๐๐
2. Find the "Smart Money" Section
โOnce you're in the Futures screen, look at the top menu. Youโll see options like COIN-M and Optionsโkeep sliding until you see Smart Money. Tap that. This is where Binance tracks the most successful and largest accounts on the platform.
โ3. Filter Your Search
โNow, click on the Smart Signal tab. Before you dive into the numbers, you need to set your filters:
๐น๏ธโPick your timeframe (1) : You can choose anything from 30m (for quick scalps) to 1D or 7D (to see the bigger trend).
๐น๏ธโFind your coin (2) : Click the Symbol dropdown and search for whatever youโre tradingโwhether itโs BTC, ETH, or a trending altcoin.
โ4. Open the Details
โOnce you see your coin, hit the "View" button on the right side. This is where things get interesting.
5. The Real Alpha: Traders vs. Whales
โAt the top of the Details screen, you have two main toggles. This is the secret sauce:
โโซ๏ธThe "Traders" Tab (1): This shows you the sentiment of "Smart Traders"โpeople who have a history of being right. You can see how many are Long vs. Short and their average entry price.
โโซ๏ธThe "Whales" Tab (2): The Most Important Part : Switch over to this to see what the massive players are doing. This screen tells you exactly:
โHow many whales are Long vs. Short.
โโซ๏ธTheir Average Entry Price: This is huge. If you see whales entered a short at $93,000 and the price is now $82,000, you know they are sitting on massive profits and likely in control of the trend.
โ๐น๏ธWhoโs in Profit: Check the Unrealized PnL. It shows you in real-time if the whales are "In Loss" or "In Profit."
โโ ๏ธ The Bottom Line: If you see 900 whales shorting with an average entry way above the current price, buying the dip might be risky. Use this data to make sure you aren't trading against the people who move the market.