Crypto KOL Teaches How to Find and Track 20x Return Wallet Address, Turns Out to Be an Exchange Address?

Crypto KOL Teaches How to Find and Track 20x Return Wallet Address, Turns Out to Be an Exchange Address?

A Crypto KOL named Cyril with over 60,000 followers recently introduced a wallet address that grew from $20 million to $390 million in a year, and explained how he had identified the big player through various analysis tools.

In his Twitter thread, Cyril introduced how to use blockchain analysis tools such as Etherscan, Bubblemaps, DEX Screener, and claimed that these tools can help find the true alpha. His Twitter bio reads: “Helping others navigate the world of DeFi. Whale tracking to identify smart money flow..”

However, Arkham, an on-chain analysis firm, pointed out in their response that the address was actually BTCTurk, a Turkish exchange that has existed since 2013, and the assets in the address belong to its users without any directional guidance.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Exchanges

Related News
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bitget announces token merger, BGB price increases amid market-wide declines Bitget announces token merger, BGB price increases amid market-wide declines
Latest News More More
12 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
March 21 Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open