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Overview

Tracking whale wallets (large holders) on Solana can help you spot profitable opportunities early. By analyzing their trades, you gain insight into new trends, market confidence, and possible future price movements. This guide will show you how to find, evaluate, and monitor whales using 3 free tools—without any paid subscription or advanced skills.

🤔 But First, Why Track Wallets?

In the crypto world, whales influence the market due to their large positions. They often trade early, identify hidden gems, or cause sudden price movements.

Tracking their moves allows you to:

  • Spot early trends before they go viral

  • Learn from proven strategies without guessing

  • Avoid tokens they dump or exit aggressively

💡 Think of it like following smart money in the stock market—except here, it’s 100% transparent.

Prerequisites for this guide

Required prerequisites:

  • A web browser
  • Curiosity and basic copy-paste skills

All prerequisites are marked with checkmarks for easy scanning.

What You'll Learn

  • Why tracking whale wallets is a powerful trading strategy
  • How to use DEX Screener to identify trending tokens and top traders
  • How to copy a wallet address and analyze it on Solscan and Birdeye
  • How to evaluate wallet performance and avoid bots
  • A quick trick to follow wallet trades directly on DEX Screener

Step-by-Step Instructions

Select a token

  • Visit DEX Screener

  • On the left, select the Solana blockchain

  • Look for tokens with a high market cap or trending volume

  • Click on a token (e.g. $GIL) to view its chart and details

Screenshot for Select a token
Step 1: Select a token

Identify the Top Traders

On the token page:

  • Click “Top Traders” near the chart

  • Browse the list to see wallets with strong PNL (Profit & Loss)

  • Focus on those with clean, consistent gains—not just lucky pumps

This step takes a few minutes, but it’s where you’ll find your copy-trade targets.

Screenshot for Identify the Top Traders
Step 2: Identify the Top Traders

Copy the Wallet Address

In the Top Traders list:

  • Click the “EXP” icon next to the wallet

  • You’ll be redirected to Solscan, a Solana blockchain explorer

  • Copy the wallet address from the page

Screenshot for Copy the Wallet Address
Step 3: Copy the Wallet Address

Check PnL on Birdeye

Now head over to Birdeye:

  • Paste the wallet address in the top search bar

  • You’ll land on the wallet’s trader profile page

  • Analyze:

    • Total profit/loss

    • Token history

    • Entry/exit timings

    • Frequency of trades

🧠 Consistent profits, strategic timing, and moderate trade frequency are signs of a high-quality whale.

Screenshot for Check PnL on Birdeye
Step 4: Check PnL on Birdeye
💡 Pro Tips
  • • Consistent profits, strategic timing, and moderate trade frequency are signs of a high-quality whale.

Quick Tips & Tricks

Before following a wallet:

  • ✅ Look for positive PnL over the past 30 days

  • ✅ Check entry/exit patterns—are they early or reactive?

  • ❌ Avoid wallets with hundreds of transactions (likely bots)

  • ✅ Use this trick:
    Add ?maker=wallet-address to any DEX Screener URL to filter trades by a specific wallet.

Example:
https://dexscreener.com/solana/xyzTOKEN?maker=YourWalletAddress

Screenshot for Quick Tips & Tricks
Step 5: Quick Tips & Tricks

Frequently Asked Questions

Common questions about How to Track Whale Wallets on Solana (Free Tools) and how to use it effectively

A whale is a wallet that holds and trades large amounts of tokens. Their moves often influence market trends.
Whales often have better information or timing. Tracking them helps you spot early entries, build conviction, and avoid rug pulls.
Yes. All on-chain activity is public. You’re simply analyzing public blockchain data.
Yes, with tools like DEX Screener, Birdeye, and Solscan, you can follow trades live or with a slight delay.
Look for wallets with positive PnL, low transaction spam, and well-timed entries and exits. Avoid bots that make hundreds of small trades.

This FAQ section is fully accessible. Use the keyboard to navigate through questions.

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