II. Finding Smart Money
Last updated
Last updated
How do you find and follow real “Smart Money” addresses? Let’s break it down by data sources and evaluation criteria.
To find these addresses, the most direct method is to dig through relevant data tools or community platforms.
GMGN.AI
Here you can see public data on various smart money, including labels like Influencer, VC, Smart Money, Sniper, etc. GMGN provides metrics like PnL, WinRate, and 7D TXs, helping users initially filter out high-performing addresses. However, remember that GMGN’s win rate statistics have some biases (we’ll discuss this later).
• Chain.fm
A popular UGC platform in the Chinese community, users share all kinds of addresses—from top GEM catchers to rumored “whales” and “cabel”. The information here is noisy, so careful filtering is necessary.
• EasyCoin.AI
EasyCoin.AI is a new AI Agent tool for crypto that providing smart money that are more focused and not too numerous, most of which have been backtested by AI Agents and selected for high win rates. This makes them ideal for quickly entering without deep filtering.
https://easycoin.ai/smartmoney
• DYOR
Use Influencers’ trade shares or directly find Top Traders on DEX Screener, especially non-sniping addresses that have repeatedly succeeded with different GEMs. In practice, take these addresses to GMGN.AI or EasyCoin.AI and use these tools to further analyze them. After inputting an address, multi-dimensional data analysis is supported, though sometimes you may need to wait a few minutes.
Using these various sources, you can choose the most suitable channels based on their preferences and time investment. If you have the analytical skills and passion, cross-referencing multiple platforms can help you uncover truly promising addresses.
After gathering a batch of candidate addresses, the next step is to evaluate them based on key metrics:
• Profit Source & Strategy Type
Are smart money making profits by sniping new launches for quick gains, or by patiently holding GEMs for long-term 100x gains? If they’re purely sniping, your copy strategy will face delays and hefty fee costs—unsuccessful snipes can easily eat up your profits. If they’re holding GEMs for the long haul, congratulations, you’ve found an ideal copy target.
• Holding Time & Trading Frequency
If an address holds tokens for only a few seconds and trades thousands of times a day, it’s likely a high-frequency bot. Its profit model might not be replicable and could even be designed to trap and drain copy traders. In the Memecoins, high-frequency trading Bots aren’t something regular users can keep up with using mainstream tools (yep, the bots you can access).
• Win Rate Trap
GMGN’s win rate doesn’t account for unrealized losses. So if an address frequently shows a 90% or even 100% win rate, raise your alarm. Smart money isn’t infallible—there will be misses. Perfect data likely results from deliberately holding losing tokens without selling, distorting statistics into a “trap.” In simple terms, true success rates require observing the smart money's holding structure and timeline, not just a flashy number.
• Beware of the Scammer
For example, take address CZY9M9BywshFAFjPw7uLgXw9yGtNL26YypLCJdewiHo on GMGN with a 100% win rate and a Last 7D PnL of +2559.33%. Looks like a great copy target, right?
But dig deeper, you’ll find this address holds each trade for a very short time (~10 seconds) with very low profits per trade (like $0.255). This perfectly hits the win rate trap and high-frequency trading we mentioned earlier. Such addresses should be approached with caution because they hold tokens for too short a time—selling right after you buy—and their minimal profits essentially mean they’re just milking your copy trades.
Further analysis reveals this is a Scam Bot—using a group of addresses to create tokens and trades, then pulling liquidity to scam users. If you copy it, your assets could be quickly drained without even triggering your stop loss.
For users who don’t have time or energy to filter addresses themselves, prioritizing platform-recommended “verified” smart money is a pragmatic approach. EasyCoin.AI presents a list of addresses that have been backtested by AI Agents directly to users. This doesn’t guarantee 100% profits, but it means these addresses have demonstrated higher win rates and credibility over a certain period, helping beginner avoid early-stage pitfalls.
