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Smart Money

Inside the madness and genius of crypto's Smart Money

Updated: Aug 23, 2024
Published: Sep 29, 2023
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Let's be real - this market lately has been about as exciting as watching paint dry. The volatility crypto thrives on has slowed to a crawl.

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As prices sluggishly meander along, we can't help but think of Warren Buffett's wisdom: "The stock market transfers money from the Active to the Patient." Never have those words rung more true.

Patience has become critical, especially in bear cycles like this. With price and value unsynced, the low volatility tests even seasoned investors.

Smart money | annualized BTC volatility

But not everyone's sulking in the doldrums. In our latest edition of the Smart Money series, we showcase traders who've not just survived but thrived through the downturn.

Today, the spotlight is on how Smart Money harnesses short-term dynamics to score gains as high as 2000% in one move. Epic, right?

Whether you're a Star Wars fan or not, this deep dive illuminates how some players master market forces even when volatility vanishes. Their strategies could hold the keys to navigating these trying times.

So grab some popcorn, settle in, and let's glimpse the methods and madness behind the crypto elite...

TLDR 📃

  • Han Solo: A narrative trader who rides market hype cycles for big gains, heavily invested in ICE, FROGS, LVL, and more. Han's net worth exceeds $300k, with a realised PnL of nearly $400k this year alone.
  • C-3PO: A systematic day trader who emphasises consistency over percentage profits. C-3PO focuses on meme coins like MONKEYS and maintains a cautious approach with most of the portfolio in ETH.
  • Darth Maul: A narrative trader who dives into tokens with compelling stories or trends. His success includes UNIBOT, Rollbit, and a BITCOIN meme coin. He thrives on understanding where market attention is.
Disclaimer: Not financial or investment advice. Any capital-related decisions you make are your full responsibility.

Exciting updates are coming to Smart Money! 🚀

In this edition, we've introduced a significant shift in assessing traders' performance. Instead of just looking at percentage gains, we dig into traders' realised Profit and loss (PnL) in cold, hard dollars. This will give us greater insight into what it really takes to succeed in this game.

And then, starting in October, we're taking things to the next level with Smart Money. 

We're working on a tool to provide real-time notifications whenever a Smart Money wallet makes a significant trade—no more waiting around each month for our analysis. Smart Money evolves into a real-time service with weekly updates and context after these whales execute trades.

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When Smart Money 2.0 is fully formed, we will have completely transformed the series from providing periodic reporting into a live data feed. This is huge! You will have unprecedented access into the minds of crypto's elite investors as their strategies and moves unfold.

Stay tuned for these game-changing developments. We're pulling back the curtain to synthesise unprecedented insights from how the Smart Money moves in crypto. This is the insider access you won't want to miss.

 

Han Solo 🌌

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We’ve nicknamed the first trader on this edition Han Solo. He is a daring trader who loves to ride market hype cycles for big gains. Han's swashbuckling style generates huge returns with a net worth of over $300k and a total realised PnL of nearly $400k this year alone.

Rather than focusing on long-term fundamentals, Han makes bold, short-term bets on assets with major upcoming catalysts.

  • Net worth: $302,979
  • Realised PnL: +$398,393
  • Style: Narrative  trader 
  • Wallet address: 0xf7b3e7e00f7b6d0e259ffb82f2d5a130dfd021f1
  • Top pick(s):  ICE 

Portfolio

Smart money | trading crypto during bear market

Big wins

  • The trader invested $1,889.220 in FROGS at an average price of $0.448. They sold a portion of this position for $15,479.024, realising a profit of $12,011, representing a remarkable ROI of 635.76%.
  • The trader entered the LVL trade with an initial investment of $138,301.085 at an average price of $2.825. Upon exiting the position, they made $296,131.363 in sales, resulting in a substantial profit of $85,384 and an impressive ROI of 114.12%.

Strategy

When it comes to trading strategies, Han Solo keeps it fresh by riding the latest crypto narratives. He spreads bets across multiple trends - a true diversification Jedi.

One of his standout moments was calling FROGS while PEPE memes were still hot. Han focuses on psychological signals over fundamentals.

His portfolio right now is mega-concentrated, with over 50% in just three sectors:

  • Trading bots through ICE
Han's pumped about bots because of WAGMI's relaunch. After Daniele Sestagalli announced ICE could swap for WAGMI, Han hopped aboard the trend. We've covered this gem in Cryptonary Pro before. It's poised to dominate liquid staking, so no surprise Han's all-in. Read our deep dive here.
  • Decentralised gambling through DMT.
Han's on top of blockchain gaming trends we've analysed before. He's especially bullish on DMT for its upcoming Arbitrum Orb chain.

Han keeps proving that narrative trading pays, especially when you ride multiple trends simultaneously. His instincts for spotting the next hype cycle are virtually unmatched!

C-3PO 🤖

Smart money | trading crypto during bear market

These Smart Money trader, whom we’ve nicknamed C-3PO, takes a disciplined, numbers-based approach to systematic day trading. With a net worth of $56k and over $550k in realised PnL this year, C-3PO's methodical style reliably produces gains.

Rather than reacting to narratives, C-3PO trades meme coins and risky microcaps based on quantitative indicators like momentum and volatility. He sticks to his rules-based system without exception.

On trades like BEN, MONKEYS, and LINQ, C-3PO captured ROIs of 39-49% by adhering religiously to his detailed trading plan and risk management strategy. He avoids all emotion or impulse.

  • Net worth: $56,739
  • Realised PnL 2023: +$551,093
  • Style: Day trader
  • Wallet address:0x9f2493d59def0fba23e6afcbdc82c6f844ba31b5
  • Top pick(s) ETH 

Portfolio

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Big wins

  • He invested a substantial $88,107.390 in BEN at an average price of $0.7365. They later sold a portion of this position for $131,190.001, securing a profit of $43,083, resulting in a commendable ROI of 48.9%.
  • The trader entered the MONKEYS trade with an initial investment of $15,305.102 at an average price of $0.4365. Upon exiting the position, they made $21,893.534 in sales, achieving a profit of $6,588, translating to a notable ROI of 43.05%.
  • They started the LINQ trade with an investment of $89,990.394 at an average price of $0.082. After selling their position for $125,600.438, they secured a profit of $35,610, resulting in a significant ROI of 39.57%.

Strategy

C-3PO shows us that trading is not about how high your percentage profits are but about how consistent you are at making them. 

His strategy focuses on frequently trading meme coins like MONKEYS. Now, these often lack solid fundamentals. However, he makes up for what he ignores in fundamentals by carefully riding trends and consistently settling for modest profits.

Peeping at his portfolio shows a cautious stance, with everything in ETH right now. This signals a bearish outlook on his part. It'll be interesting to see if he dips his toes into short-term trades soon. That could imply a shift to feeling more bullish.

C-3PO's discipline reveals why robots make great traders. Emotionless, methodical - he racks up profits through sheer repetition. 

So, if you are struggling with patience, C-3PO has the answers. Consistency wins over flash. Ditch the home runs and aim for base hits. C-3PO's trading style proves it's not about scoring epic one-time wins - consistency pays the bills.

Darth Maul 👽

Smart money | trading crypto during bear market

With a net worth of $83,336 and a realised profit and loss (PnL) of +$364,653 this year, Darth Maul is a force reckoned with in the crypto arena.

Unlike many traders who follow the prevailing narratives and trends, Darth Maul marches to the beat of his own drum. He's a maverick, unafraid to venture into uncharted territories, even if it means diving headfirst into tokens with no apparent fundamental value. 

For him, it's all about understanding where the attention is, no matter how unconventional.

  • Net worth: $83,336
  • Realised PnL: +$364,653
  • Style: Narrative trader 
  • Wallet address 0x9abde6fae4c59d730a73142542d9a908bd291644
  • Top Pick(s): BITCOIN

Portfolio 

Smart money | trading crypto during bear market

Big wins 

  • The trader invested $110,953.009 in DMT at an average price of $18.368. Later, they sold a portion of their DMT holdings for $293,791.063, resulting in a substantial profit of $182,838 and an impressive ROI of 164.79%.
  • The trader initially invested $4,846.794 in UNIBOT at an average price of $0.131. Their UNIBOT position was later sold for $110,200.216, resulting in an outstanding profit of $105,353 and an extraordinary ROI of 2,173.67%.

Strategy

Darth Maul takes a different route - he trades purely based on narratives, not numbers.

His biggest wins came from tokens with viral stories like UNIBOT riding the Telegram trend and Rollbit capitalising on gambling hype.

Maul spotted those attention-grabbing narratives early and pounced. He gets that narratives can trump fundamentals when it comes to short-term gains.

Case in point - his current obsession with HarryPotterObamaSonic10Inu. Yeah, it's a meme coin tied to BITCOIN. But it popped when Grayscale won their Bitcoin ETF lawsuit thanks to that savvy BITCOIN ticker.

So Darth's betting big this silly meme will ride a new surge when the real Bitcoin ETF launches. He knows announcements like that can send narratives into hyperdrive.

While unconventional, Maul's proven narrative trading can pay off big time if you identify trends before the crowd catches on. Memes may be absurd, but capitalising early on viral stories - that's how you USE the Force!

Cryptonary’s take 🧠

Alright, let's bring it home.

Sure, the success of today’s Smart Money wallets is tough to copycat. But their methods offer a rare insight into thriving in today's cutthroat crypto arena.

Han shows how riding narratives pays. C-3PO reveals the power of discipline and rules. And Maul demonstrates capitalising on viral stories early.

Their diverse skills prove adapting is key when volatility vanishes. From Han Solo and his narrative-driven style to C-3PO's systematic approach and Darth Maul's unconventional narrative trading, they exemplify the diverse strategies needed to navigate the crypto galaxy's ever-changing landscape.

We do agree with Han on BTRFLY - it's undervalued with serious potential for gains.

For other trades, align with your own strategies. Their results won't directly transfer to you. But learning their tactics? Now, that kind of knowledge is universally valuable.

Use tools like Zerion to track their moves if you want to mimic their methods. We are creating our own tools that will allow you to track the wallets we present and provide many more updates on these wallets, adding significant value.

That wraps our deep dive into crypto's creative class. Hopefully, you feel empowered to navigate even the driest markets now. Patience and an open mind can uncover profits in any condition.

Oh, one last thing - the Force will be with you. Always.

Cryptonary out!

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