Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Nansen unveils new tool to track smart funds and real-time trading moves

Nansen unveils new tool to track smart funds and real-time trading moves

Cryptobriefing2024/06/06 13:04
By:Vivian Nguyen

Nansen, the leading on-chain analytics platform, has launched a new Profiler PnL feature that enables crypto investors to track and analyze the performance of top investors across multiple blockchain networks, including Ethereum, Base, and Arbitrum, according to a recent press release shared by the company.

The Profiler offers a suite of metrics, such as average return on investment (ROI), win rates, and specifics on the best and worst trades, Nansen noted. The tool is designed to provide insights into both realized and unrealized profits and losses per token.

Moreover, users can set up alerts to track the investment moves of leading traders in real-time. This allows them to mimic strategies that have shown profitable outcomes.

With this feature, Nansen aims to provide analytics that help investors uncover hidden opportunities within wallet activities.

According to the team, the PnL feature already showcased its utility with memecoin trader huck.eth, who yielded an unrealized profit of over $23 million on PEPE and a 90% average ROI per trade.

Nansen unveils new tool to track smart funds and real-time trading moves image 0 Nansen unveils new tool to track smart funds and real-time trading moves image 1

In addition to this launch, Nansen said it has improved its system to better categorize funds. The team expects enhanced fund categorization to help users distinguish between the most successful and consistent players, labeled Smart Funds, and other market participants.

Similar to the PnL feature, the Smart Money Fund label revealed the success of entities like Kronos Research, with substantial profits and high ROIs on various tokens, said Nansen.

Nansen unveils new tool to track smart funds and real-time trading moves image 2 Nansen unveils new tool to track smart funds and real-time trading moves image 3

Alex Svanevik, CEO of Nansen, said the latest upgrades not only increase transparency in DeFi analytics but also provide actionable insights that empower experienced traders and newcomers to optimize their strategies and potentially enhance their returns.

“It brings a new level of transparency to the table,” said Svanevik. “Users can now track and understand the trading moves and performance of top players in the industry, getting key insights into their strategies. Whether you’re a big name or a savvy investor, this feature helps you stay informed and make confident decisions.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Polygon Targets $1 & Ethereum Eyes $3,600, Yet BlockDAG’s CertiK Audit and $0.0019 Coins Could Outperform All

Discover Polygon (POL) price movement and Ethereum (ETH) price analysis as both eye breakouts, and see why BlockDAG’s CertiK audit, growing presale, and attractive pricing position it among the best crypto for higher returns in 2025.Polygon (POL) Price Movement Signals Breakout Toward $1Ethereum (ETH) Price Analysis: Tight Range Could Spark $3,600 BreakoutBlockDAG’s CertiK Audit Strengthens Its Case as the Best Crypto for Higher ReturnsTo Sum It Up

Coinomedia2025/05/08 04:22
Polygon Targets $1 & Ethereum Eyes $3,600, Yet BlockDAG’s CertiK Audit and $0.0019 Coins Could Outperform All

$298M Crypto Liquidations Rock BTC and ETH Traders

Crypto liquidations hit $298M in 24 hours, with BTC and ETH leading losses. Here's what caused the wipeout.A Rough Day for Crypto TradersWhat Triggered the Liquidations?Caution Ahead for Leverage Users

Coinomedia2025/05/08 04:22
$298M Crypto Liquidations Rock BTC and ETH Traders

Top New Meme Coins to Invest in This Month: Troller Cat Flaunts 7k% ROI as Official Trump and Mog Coin Rise from Slumber

Troller Cat ignites excitement with 69% APY and 7,000% ROI target. TRUMP and MOG bounce back, but is this cat the real jackpot?Troller Cat ($TCAT): Clawing Up the Ladder with Massive ROI PotentialOfficial Trump ($TRUMP): Slow Grind with Political BuzzMog Coin ($MOG): The Cult Favorite Gets a PulseConclusion

Coinomedia2025/05/08 04:22
Top New Meme Coins to Invest in This Month: Troller Cat Flaunts 7k% ROI as Official Trump and Mog Coin Rise from Slumber

SOL Technical Analysis Signals Strength, Cardano’s AI Testnet Launches & BlockDAG’s $0.0019 Offer Ends on May 13

Explore SOL Technical Analysis & details on Cardano's AI Testnet. See why BlockDAG’s $0.0019 entry before May 13 could define the best crypto platform call.SOL Technical Analysis Points to Cautious OptimismCardano’s AI Testnet to Simulate High-Frequency Network ConditionsBlockDAG’s Listings Near: $0.0019 Offer Available Until May 13What Defines the Best Crypto Platform in 2025?

Coinomedia2025/05/08 04:22
SOL Technical Analysis Signals Strength, Cardano’s AI Testnet Launches & BlockDAG’s $0.0019 Offer Ends on May 13