🤓How to find smart traders addresses?

Here we will tell you how to find the addresses of traders who are constantly making profits on trading some asset.

Step 1: Visit https://app.cherry-pick.xyz/filter

Step 2: Select the token of interest.

By selecting any token, you select all addresses that have ever owned that token. Let's take $INJ as an example.

Step 3: Let's rank the addresses by the amount of profit realised.

Click on Get Wallets and voila! You've got a list of 25 addresses that made the highest $INJ profit ever! But let's try to improve the result even further!

Step 4: Let's select address filtering criteria that will improve our result.

As you can see, some of the received wallets have made very few transactions.

Such addresses are not very interesting to us right now, as they are more likely to be just lucky. Let's filter them out by the following criteria:

Criteria 1: Total Number of Transfers > 10 and < 1000.

Criteria 2: Win Rate > 50%

Now we will only get those addresses that have a high enough number of transactions and more than 50% of them were profitable!

This is already a great result! But let's see what else we can do!

It is important to us that these addresses earned their profit from trading, not just bought at the very early stage (when the price is around 0) and sold afterwards. (Such addresses are also interesting, but right now we are concentrating on finding successful traders!) Let's remove all the addresses that got coins at the earliest stage, i.e. before the first price point.

Criteria 3: First Transfer Received > the first price date (in our case it's 25.11.2020).

What else is important to remember:

To understand if an address belongs to a trader, you need to check if it interacts with DEXs. Often it happens that transfers of some address are not purchases or sales on the exchange and then this address most likely does not belong to the trader.

The following criterion will help you to do this:

Criteria 4: % of Transfers Involving Smart Contracts > 25%-50%.

Well, we got a lot of wallets that could potentially be of interest to us. Note that some of them have not made transfers of the considered token for a long time. You can see this by adding the "Last Transfer Date" column.

If you want to see active addresses, you can put an additional criterion:

Criteria 5: Last Transfer Date > some recent date.

Or you can sort addresses by "Last Transfer Date" or by the amount of profit in the last 7 days.

That's it!