Discovering and tracking profitable crypto whales is a crucial task for any crypto enthusiast. Whether you’re a beginner seeking the latest information on your favorite projects, a trader looking for analytical tools to execute profitable trades, or an experienced investor in need of in-depth analysis for informed investment decisions, this article will introduce you to the top six crypto tools for blockchain analytics that will help you navigate the complex and dynamic world of cryptocurrencies.
One of the key aspects of tracking profitable crypto whales is the ability to search and filter wallets on different blockchains. While each blockchain has its own public transaction tracker with search capabilities, such as etherscan.io for the ETH blockchain, these explorers can be difficult to navigate. This is where convenient blockchain analysis tools come into play, simplifying the process of finding and understanding the right information for your research, whether it’s related to tokens, smart contracts, or the blockchain itself.
To highlight the potential of tracking wallets, let’s take the example of a Twitter user who earned $25 million by following the wallets of influencers. By monitoring 14 wallets of famous individuals, including Vitalik Buterin, Justin Sun, and Arthur Hayes, this user achieved an astonishing 6915% profit margin in just one month.
Now, let’s evaluate the top six crypto wallet analysis tools based on five criteria: income potential with the product, educational resources, functionality and features, uniqueness of earning tools, and pricing. Each criterion will be rated on a scale of 1 to 5, and the average score will determine the best tool.
1. ArbitrageScanner.io: With an impressive score of 4.8, ArbitrageScanner takes the top spot. This tool stands out for its advanced wallet analysis features, utilizing AI and arbitrage capabilities. It caters to both beginners and experienced traders, offering the ability to arbitrage cryptocurrencies and analyze/search wallets using various analysis tools. It also provides metrics calculation for evaluating the performance of wallet strategies.
2. Dune Analytics: Ranking second with a score of 4.6, Dune Analytics transforms complex blockchain data into easy-to-understand charts and metrics. It simplifies analysis and decision-making, allowing users to create their own tables and query information using SQL. It offers a wide range of tutorials and guides, making it suitable for users of all experience levels.
3. Nansen: With a score of 4.0, Nansen specializes in blockchain data analytics and augments network information with data from millions of wallets. It provides in-depth analytical tools for tracking and analyzing blockchain activity, including transactions, tokens, NFTs, and stablecoins. It offers unique features such as analyzing anonymous addresses and tracking the actions of teams, exchanges, and funds.
4. Spot on chain: Securing fourth place with a score of 3.8, Spot On Chain is an advanced blockchain data analytics platform that combines AI and advanced tools for relevant and actionable information. It offers valuable data for informed investment decisions, including blockchain signals, multi-chain token visualization, tracking smart traders, and analyzing wallet activity.
5. Arkham: Sharing fifth place with a score of 3.6, Arkham is a decentralized platform for analyzing and forecasting the cryptocurrency market. It provides a unified toolkit for fundamental, technical, and on-chain analysis of various crypto assets. While it focuses more on security and detecting fraudulent schemes rather than profiting from tracking wallets, it offers features such as blockchain activity visualization, personal wallet tags, and token analysis.
6. Debank: Also scoring 3.6, Debank started as a tool for tracking crypto network activity and has evolved into a social web3 platform. It allows users to track and analyze their crypto assets in real-time, offering features such as asset management, risk analysis, and a mobile app for managing assets on the go.
In conclusion, these six tools provide valuable resources for finding and tracking profitable crypto whales. Whether you choose ArbitrageScanner.io, Dune Analytics, Nansen, Spot On Chain, Arkham, or Debank, each tool offers unique features and functionalities to aid your crypto journey. We highly recommend exploring these tools, especially ArbitrageScanner, which takes the top spot.
