🐋Whales Monitoring

Whale activities include large-scale buying or selling of tokens, which can lead to immediate price fluctuations. A substantial purchase by a whale might indicate bullish sentiment, potentially driving prices up as the market reacts to the increased demand. Conversely, a large sale can signal bearish sentiment, possibly leading to a price drop as supply outstrips demand. As a result, understanding whale activities can provide critical insights into potential market trends, helping investors make more informed decisions.

How InfoTAO Monitors Whale Activities

InfoTAO's monitoring system employs a combination of on-chain analysis, transaction pattern recognition, and social signal processing to identify and track whale movements across the Bittensor network and other relevant cryptocurrency exchanges. The system highlights large transactions, accumulations, and distributions of assets, providing a comprehensive view of whale behaviors.

Users receive real-time alerts about significant transactions, including large buys or sells on the Bittensor network. These alerts can be customized based on specific thresholds or criteria set by the user, ensuring that they are relevant and timely. This feature specifically focuses on transactions that involve substantial amounts of cryptocurrency, signaling potential market-moving events.