Boss: Smart money

What you get asked

1. A wallet labeled as a fund deposits coins worth 5x the token's daily volume onto an exchange. Which TWO facts make this worth investigating?

   Deposit-to-sell is the hint; size-versus-liquidity is the stakes. Together they justify spending your investigation slot, while the label still deserves a verification pass.

2. A whale bought 300 tokens at €10 and 100 tokens at €30. What is their average cost per token?

   (300 × 10 + 100 × 30) ÷ 400 = 6,000 ÷ 400 = €15. With price at €20 this whale sits in profit; below €15 they're underwater, and their behaviour will likely differ.

3. Match each on-chain pattern to its most likely reading

   Five signatures from across the league. Reading them fast is the skill; remembering each is 'likely', not 'certain', is the wisdom.

4. During a crash, coins keep flowing from young wallets to wallets that historically never sell. In cohort terms, this is...

   Supply migrating from panicky hands to patient hands is the classic bottoming pattern in HODL-wave analysis, visible in every major cycle low.

5. The league's core discipline: every smart-money signal is a ___ to verify with your own research, never an order to copy.

   Lag, hidden hedges, stale labels, wash trades and bait wallets all break auto-copying, but none of them survive a verification workflow.

6. Design check: which single alert best protects a holder of a small token, per this league?

   Decision-relevant, thresholded, rare and actionable: insider supply heading for the market is the one on-chain event that hits your holding directly. You've beaten the Smart Money league: you watch the whales, and nobody plays you for plankton. 🐜

The rest of this unit

Explorers, watchlists, alerts and a daily loop: build your own on-chain radar.

• The tool landscape
• Building a watchlist
• Alerts that matter
• The analyst's daily loop