Nansen 101: What is Smart Money?

hey everyone today I'm going to show you our smart money dashboard and explain to you how you can use our smart money labels to your advantage using nanson so smart money are the best performing addresses in real time so these are addresses that maybe are the best Dex Traders or nft sweepers maybe they're airdrop Hunters they really do vary based on their activity and not all smart money is the same so it's important to know the differences we have a article that explains all that and that'll be linked uh in the description of this video

as well was in the appq and so let's just take a look at some of these addresses so whenever you're anoun you can hover over addresses and you can see what they are so in this case this is a 7-Day smart de Trader which means they are one of the most profitable addresses in the last seven days using decentralized exchanges and we can see that all across here but then you can also see for example a smart money Dex Trader and in this case I've actually given this address a custom label but a smart deex

Trader is one of the top addresses in realized profits of all time so this an address that has a consistent hit rate or is an address that has done very well or has done incredibly well in terms of realizing profits whereas this address here at the top we showed you is one of the best in the last seven days and we do have labels where it's on a uh six for example like the 7 day we have 30day 90day 180 day Dex Traders and then also as you saw as well is the Dex Trader label

here so within our smart money dashboard um you can see trades in real time so you can see their p&l you can see how much they spent how much they sell the average cost Etc this is a really good dashboard for you to understand where some of these addresses coming from and also gives you an opportunity for you to find and discover addresses that you might want to track with smart alerts um as they are making some top trades we also have things such as smart money performance which allows you to see the profitable addresses

um in smart money for example if we look here we can see on the 90day this address has made 68% in realized gains in about buch of tokens and you can just go across this plot here to see these addresses and it really does vary and depending on what time frame you use will will show different results so on the 7-Day basis we might see more meme coins for example but on 90 days we might see as we saw here like coins like prime or Ribbon so more of the established side of things you can

also get understanding of smart money Trends are they holding stable coins are they risk on or they risk off and where are they moving their funds to so in this example we can see that smart money is holding um not that much in stable coins we can also see that there is funds flowing into things like tokenization here and funds are leaving uh derivatives within this dashboard as well we also have balances so you can see balance changes whether that's on a percentage or dollar basis you can see changes over the hour 24 hours 7

days and you can also see how this breaks down into holders a really cool thing you can also do is apply filters so that you can really make the most out of this for example I'm going to say I want to see balance changes in the last 24 hours I want to say there's at least 20 smart money addresses so I'm going to apply this filter here and then once that loads we are going to go select the balance change here and then sort from there and what we can see is that this token here

is the biggest balance change in the last 24 hours and how there's 23 smart money addresses but then let's say we want to look at smart money holders we can see that with a minimum of 20 we can see that e usdc usdt and other tokens are the top addresses and then we can also see things such as Sushi and more the mainstream side of things you can also see the leaderboard for different addresses so the addresses that have the highest amount of balances what they're doing how they're performing you can also filter for funds

for example if we look here we can see jump trading we can see Power we can see multicoin Etc so as I said earlier smart money really does vary across the board and not all smart money just the same an nft sweeper will have different activity from a fund and that'll also have different activity from a smart money Dex Trader but an address can have more than one smart money label we can also see smart money uh buying and selling in real time and we can see what they're buying of selling that last 24 hours

or 7even days here and you can remove things such as stable Co and E variation so you can really focus your effort on these tokens that are interesting for example here in the last 24 hours we're seeing a bunch of mcoins being accumulated by smart money and then of course as I said we can see Dex trades in real time so we can see that this smart Dex Trader here has just bought 637 Prime with four we and again we can continue to go down and to see more activity here which is really interesting because

if you're looking at what they're doing this is a great opportunity if you to see some interesting activity and then finally we have the transactions tab which will just show you the token flow uh across uh smart money but smart money isn't just exclusive to the smart money tab if you go to the homepage for example you can see smart money inflow this is often a really great place for you to see uh what smart money is accumulating in the last 24 hours and if we go into a token I'm just going to choose uni

as it's one of the top ones here there's also a smart money Tab and you'll see the smart money tab across nfts as well as tokens and this gives you an understanding of smart money activity for example the amount that they're holding how many addresses are being are in this token or nft and you can also see their Holdings and who they are smart money is incredibly powerful in finding really interesting addresses and allows you to see what the top performing addresses are doing in real time I focused a lot on tokens here but you

can also see that across nfts and hopefully you find this useful you have any questions about smart money we have an article that goes in depth about what smart money is how it works and how you can um use Smart money to your advantage and I'll have that attached and if you have any other questions as I said please reach out to us on Twitter or reach out to us in our support via email which is support nanson