Data Monitoring Tool in the Hyperliquid Ecosystem

In the blockchain world, emerging ecosystems are constantly appearing. Among them, a platform based on high-performance on-chain transactions and a unique auction mechanism has garnered widespread attention. As the Layer 1 block explorer for this platform, a tool provides users with comprehensive on-chain data, becoming an important tool for capturing the movements of market whales.

Project Overview

This blockchain explorer is specifically designed for a particular ecosystem, allowing users to view all on-chain data in real-time, including Dutch auctions, TWAP orders, token deployments, and the flow of funds between addresses. Compared to official resource explorers, it provides more intuitive and comprehensive information, helping users better grasp market trends and hot data.

This tool also supports withdrawal transactions, has added cross-chain withdrawal paths, and plans to introduce several functions in the future, such as outstanding limit orders and a real-time token page, aiming to provide users with a more comprehensive on-chain monitoring experience.

Recent Hot Events

Recently, a piece of news has sparked heated discussions in the crypto community. A well-known trader, famous for using 50x leverage, went long on BTC and ETH with 50x leverage on the platform, making a profit of 6.83 million USD within 24 hours, earning the nickname "human printing press". Subsequently, this trader opened a short position on BTC worth 13.45 million USD before the U.S. stock market opened, attracting widespread attention in the market.

The flow of large amounts of funds not only demonstrates institutional players' judgment of the market but also provides ordinary users with signals to capture market opportunities. With this monitoring tool, users can track similar abnormal trading behaviors in real-time and make more accurate investment decisions by combining market information.

How Ordinary Users Can Utilize This Tool

1. Visit the official website: After entering the official site, you will see an intuitive dashboard page displaying all real-time on-chain data.

2. Use the Search Function: Enter the transaction hash, token address, or wallet address on the homepage to filter for large transaction records. By analyzing this data, you can identify addresses with frequent large fund movements and assess potential "whales".

3. Pay attention to large holder trading behavior: In the "Trading" tab, carefully observe auction transactions, TWAP orders, and fund transfer situations. Pay attention to large USDC deposits or other obvious abnormal transactions, and record the subsequent movements of the relevant addresses.

4. Small Amount Copy Trading: When it is confirmed that a large account address is actively building a position or participating in an auction, it may be considered to follow and buy on the platform. It is recommended to first test with a small amount, verify the effectiveness of the strategy, and then gradually increase the position to reduce risk.

5. Regular Monitoring and Risk Management: On-chain tracking is not foolproof, and large accounts can also incur losses. Utilize real-time data updates from tools to regularly analyze the trading records of large holders. While following trades can capture market opportunities, risk management is equally important and should be based on your own risk tolerance to make reasonable judgments.

Summary

In the cryptocurrency market, information is often the key to success or failure. This on-chain data monitoring tool provides users with a powerful weapon to track the movements of large holders. When the granularity of on-chain data is refined to the millisecond level, every investor finds themselves at a new starting line. Whether a novice or a seasoned player, everyone can use this tool to gain insights into the on-chain dynamics, follow the actions of large holders, and seize market opportunities.

However, while following the actions of large holders, it is still crucial to maintain rational investment and focus on risk management. With this tool, you can not only clearly see every large on-chain transaction but also gain investment inspiration and take steps toward becoming a professional investor.

I hope this article can help you better understand this tool and use it to find your own investment opportunities within a specific ecosystem. Please remember that trading carries risks, and investment should be done with caution!