Tracking Top Holders’ actions is a common crypto trading strategy.
Candlestick makes it way easier for you.
Follow the 2 steps to keep track of the token Top Holders actions:
Using $PEPE as an example, how can this method be applied to track top holders’ actions and make informed trading decisions?
Did top holders continue buying or selling during a 30% price dip on Apr 21?
- Hover to add the top holder to your Watchlist
Added those $PEPE top holders with large balance +/- to watchlist (except contract addresses)
- Select “My Watchlist” group
Some $PEPE top holders did sell $PEPE in the dip.
But these Top Holders’ overall Net Buy Value (buy-sell) is $230.8K! Meaning that, during the $PEPE price slump, the Top Holders bought more than sold in total.
No wonder $PEPE reverted from $0.0(6)17 to $0.0(6)25, +47%!
Using this method, we tracked the buy signals from $PEPE Top Holders on Apr 23.
You could ride the 33% surge if you captured the signals in time.