Unit 2 · Level 2 · Labels & cohorts
Insider watching
Remember vesting schedules from the Crypto course's tokenomics lessons? On-chain, you can watch them play out. Team and investor allocations usually sit in known wallets and unlock on schedule. Watch what happens next: sometimes they march straight to an exchange the moment they unlock. Insiders' actions are recorded in the same public ledger as everyone else's.
Free to play. No ads, no token, no account needed to start.
What you get asked
Why are a project's team wallets often identifiable on-chain?
The token's launch transactions are public: whoever received the 'team: 15%' allocation is right there in the history. Follow those addresses forward and you're watching the insiders.
Tokens unlock from a team vesting contract and go straight to an exchange deposit address. Reasonable reading?
Unlock-to-exchange is the classic insider-selling pattern. Compare the amount with daily trading volume: 2% of a day's volume is noise, 300% is a flood.
Match each insider-wallet behaviour to its usual interpretation
The same wallet can whisper or scream depending on where tokens go after unlocking. Destination and size carry the meaning, not the unlock itself.
Before a big token unlock, traders check the ___ schedule from the tokenomics docs against on-chain wallets to see how much new supply could hit the market.
Docs tell you what SHOULD unlock; the chain shows what actually moves. The gap between the two is where the insight lives.
An insider deposit equals 4x the token's average daily volume. Why is that ratio the key number?
Selling pressure only matters relative to buying capacity. A deposit worth 4x daily volume can't be sold quickly without cratering the price, and holders should know that BEFORE it happens. 🐜
The rest of this unit
Carefully turning anonymous addresses into funds, foundations and holder tribes.