In the crypto community, the term “whale” refers to a person that holds a large amount of cryptocurrency. Since these users hold large amounts, their moves can have a significant impact on the price of cryptocurrencies. Crypto whale trackers are tools that allow users to see transactions made by whales and use that information to inform their own trades.
For example, if a crypto whale is moving a large number of coins to a cryptocurrency exchange, that could be an indication that they are getting ready to sell their coins. Conversely, large withdrawals from crypto exchanges could be a signal that whales are moving their coins to cold storage for long-term holding.
In addition, you can use crypto whale trackers to find which coins and tokens the biggest investors are buying. This can give you valuable insights on which cryptocurrencies have strong growth potential.
Top 5 crypto whale tracker tools
We are highlighting the top 5 crypto whale tracker tools that will help you stay on top of the biggest crypto transactions and get valuable information on what crypto whales are doing with their coins and tokens.
- Whale Alert – A multi-blockchain whale tracker tool
- DeBank – One of the best DeFi portfolio trackers
- Cryptocurrency Alerting – Alerts service for on-chain activity
- Dex Check – A comprehensive overview of blockchain and whale activity
- Etherscan – Detailed data on Ethereum transactions and accounts
1. Whale Alert – A multi-blockchain whale tracker tool
Whale Alert is a blockchain tracker that scans activity on a variety of blockchain platforms and generates alerts when large or particularly interesting transactions happen.
If you wish to access data directly from Whale Alert’s API, a monthly subscription is required. The most accessible tier is the “Developer” tier, which costs $49 per month. Whale Alert also offers packages for enterprises and institutions, but they are significantly more expensive.
However, the good thing is that you can also benefit from Whale Alert for free. This is because the service runs a Twitter account where they post alerts for the most interesting transactions across various blockchains like Bitcoin, Ethereum, XRP, Polygon and others.
The Whale Alert account is worth following to get free updates on crypto whale movements. You can also gain some insights by checking the Twitter comments under each featured transaction, although you must be careful to separate facts from speculation.
2. DeBank – One of the best DeFi portfolio trackers
DeBank is a web3 service that provides a DeFi portfolio tracker. DeBank is a very useful tool that allows you to track the activity and on-chain portfolios of addresses you find interesting. Addresses that make a lot of profitable trades and investments are often referred to as “smart money” addresses, and DeBank is one of the most user-friendly platforms for following their activity.
DeBank can support a wide range of use cases, including tracking your own crypto portfolio on the blockchain. However, it’s especially powerful as a crypto whale tracker thanks to its streamlined user interface. With DeBank, you can see any user’s crypto asset portfolio, NFT collection and history of transactions.
There’s also other alternative platforms out there that provide similar functionality as DeBank. One of the best DeBank alternatives is Zerion.
3. Cryptocurrency Alerting – Alerts service for on-chain activity
Cryptocurrency Alerting is a service that allows users to set up alerts that trigger based on blockchain activity. For example, you can use the platform to set up an email or push notification alert that will trigger whenever a specified address makes a transaction on the blockchain.
The Cryptocurrency Alerting platform supports many different types of notifications, including emails, push and browser notifications, webhooks and Slack, Discord and Telegram messages. You can set up alerts triggered by transactions, balance changes, ETH gas prices, Bitcoin mining difficulty, whale activity and more.
Cryptocurrency Alerting is useful when you have very specific requirements and know exactly what you want to track on the blockchain. However, if you just want to get a broader overview of what’s happening on-chain, other platforms are probably a better choice.
4. DexCheck – A comprehensive overview of blockchain and whale activity
DexCheck is a platform that provides a comprehensive overview of activity of decentralized cryptocurrency exchanges and crypto transactions on blockchains.
DexCheck also provides a crypto whale tracker where you can see the transactions made on decentralized exchanges by whales on various blockchains. This also includes the most frequently bought and sold coins by crypto whales.
In addition, DexCheck also allows users to follow the most successful traders on decentralized exchanges in terms of realized and unrealized profits. This can be a good tool to find addresses that are worth tracking.
While you can get a lot of value out of DexCheck for free, some of the platform’s features are only available to “Pro” members. It’s possible to unlock these features by holding the platform’s DCK token.
5. Etherscan – Detailed data on Ethereum transactions and accounts
If you’ve been around cryptocurrency for a while, you’ve probably heard of Etherscan. Etherscan is an Ethereum block explorer that provides extremely detailed information about all transactions and addresses on the Ethereum blockchain.
Due to the sheer amount of information it provides, Etherscan is perhaps not as user friendly as some of the other platforms we have featured in this article. However, if you’re looking to dive deep into the Ethereum blockchain, Etherscan is arguably the best tool for the job.
While Etherscan is not specifically a crypto whale tracker, it can easily perform that function as long as you know what to look for. For example, you can use Etherscan to closely analyze addresses you find using the other tools we’ve highlighted.
Etherscan is the best option if you’re looking for an Ethereum explorer. However, each of the major blockchains usually has a solid selection of high quality blockchain explorers. If you’re a Solana user, for example, make sure to check out our list of the best Solana explorers.
The bottom line – tracking crypto whales can give you an edge in the market
Cryptocurrency whales can have a major influence on the crypto markets, especially when it comes to smaller cryptocurrencies where just a few investors can have enough funds to meaningfully impact the market. Understanding how to use crypto whale trackers can give you an edge over traders and investors who are not paying close attention to on-chain activity.
By analyzing on-chain activity, you can find new cryptocurrencies and meme coins early and potentially enjoy substantial profits. Of course, it will take time for you to build up the experience required to separate the signal from the noise—not all cryptocurrency transactions made by whales are actually impactful.
For example, a cryptocurrency exchange could simply be moving funds between their own wallets, or a whale could simply be moving their funds from a hot wallet to cold storage.
Frequently asked questions
Here’s some of the most common questions users have on the topic of crypto whale trackers.
How to track crypto whale wallets?
You can track crypto whale wallets using tools like Whale Alert, DeBank, Zerion, Dex Check and others. Of course, block explorers like Etherscan can also function as crypto whale trackers.
How to see what crypto whales are buying?
You can see what crypto whales are buying by using tools like Whale Alert, Dex Check and Etherscan to identify crypto whales. Then, you can add their addresses to platforms such as DeBank or Zerion to easily track their on-chain portfolios and transactions.
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