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Author: Admin | 2025-04-28
How to Track Crypto Wallets There are three steps to tracking a cryptocurrency wallet: Discovering the wallet, collecting in-depth data from their on-chain transactions, and translating the data obtained from the first two steps into useful information. Through these, an investor can gain insights into ‘smart’ investors’ moves and possibly predict market movements using clues from the moves made by notable wallets.Key Takeaways Tracking a cryptocurrency wallet involves following the wallet’s transactions closely and noting significant transactions it has made in a period of time or involving a specific asset. Wallet tracking gives investors information on asset movement based on tracking the transaction of major holders, which can used to speculate on market movements. Wallet tracking can be done using blockchain explorers or special applications to screen or stalk the selected wallet. Dedicated wallet trackers are designed to give clearer information on moves made by the wallet and notify the investor. What are other traders buying, who are the buyers and how well do they understand the market? If they seem to have a better understanding of the market, then what are they currently investing in and what are they likely to invest in next? On a larger scale, what is the impact of actions from people like this on the general market?If you're wondering about these questions and how to apply them, read on to find out about crypto wallet tracking!What is Wallet Tracking and What are Crypto Wallet Trackers?Wallet tracking is focused on studying the wallet movements of whales or notable traders to obtain data to inform potential trading decisions.Crypto wallet trackers are designed to make it easier for individuals to track wallets of interest, such as sending alerts every time a transaction occurs. These trackers let you follow up with a selected wallet’s activity in real time. Cryptocurrency wallet trackers connect to a third-party API and gain access to various on-chain cryptocurrency data feeds to obtain information about transactions. They then package this information and present them in a more useful form for their users.Crypto wallet trackers are designed with customizable features such as push notifications that
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