1: What is Etherscan?

It’s a block explorer for Ethereum that lets you see EVERYTHING that is happening on chain! You can use it to your advantage if you learn how!

2:Why bother tracking wallets?

It is in fact one of the best ways to see where the smart money is going, and how much size they are using. Want to find alpha? You got to learn from smart money.

3: Find the wallets that are early!

Go and find the tokens that have been performing well recently, filter the transactions by clicking last. This will allow you to see who bought in size… early, you now have access to their wallet address, note these addresses down.

4: Further vetting

Look at these addresses and see what other token transactions have been made that have outperformed, do they have a track record for doing this? If yes then keep hold of their address. If not then ignore that address, perhaps they got lucky.

5: Finding the alpha!

Now you have got your list of alpha-filled wallets that have a proven track record with their sizing and allocation… Now what? You find the tokens the address has interacted with most recently by filtering ERC-20 transactions - latest token transactions.

6: Filtering through the tokens!

You now can see the tokens this address has interacted with: Are they going in with a similar size to their previous high-conviction plays? What are they now buying?

Make a list of the tokens this wallet is buying and how much of their portfolio are they allocating to it (a $100k allocation to them might be 0.1%, a low-risk bet for them)

7: Research these tokens.

Can you see why this position has been taken? Does it give you the same kind of conviction? You can then decide whether you will place a bet of a similar size (portfolio % terms) to where the smart money is going, or not!

8: Summary

Find the smart money wallets Find a proven track record Find new positions this wallet has taken Research these tokens Make your own thesis/plan Execute

1: What is Etherscan?

It’s a block explorer for Ethereum that lets you see EVERYTHING that is happening on chain! You can use it to your advantage if you learn how!

2:Why bother tracking wallets?

It is in fact one of the best ways to see where the smart money is going, and how much size they are using. Want to find alpha? You got to learn from smart money.

3: Find the wallets that are early!

Go and find the tokens that have been performing well recently, filter the transactions by clicking last. This will allow you to see who bought in size… early, you now have access to their wallet address, note these addresses down.

4: Further vetting

Look at these addresses and see what other token transactions have been made that have outperformed, do they have a track record for doing this? If yes then keep hold of their address. If not then ignore that address, perhaps they got lucky.

5: Finding the alpha!

Now you have got your list of alpha-filled wallets that have a proven track record with their sizing and allocation… Now what? You find the tokens the address has interacted with most recently by filtering ERC-20 transactions - latest token transactions.

6: Filtering through the tokens!

You now can see the tokens this address has interacted with: Are they going in with a similar size to their previous high-conviction plays? What are they now buying?

Make a list of the tokens this wallet is buying and how much of their portfolio are they allocating to it (a $100k allocation to them might be 0.1%, a low-risk bet for them)

7: Research these tokens.

Can you see why this position has been taken? Does it give you the same kind of conviction? You can then decide whether you will place a bet of a similar size (portfolio % terms) to where the smart money is going, or not!

8: Summary

Find the smart money wallets Find a proven track record Find new positions this wallet has taken Research these tokens Make your own thesis/plan Execute