How to Confirm Conviction by Identifying Holding Patterns

Written By Nansen Intern

Last updated 5 days ago

πŸ›‘οΈOverview

Difficulty: Intermediate / Steps: 3 / Time it Takes: 5–10 minutes

πŸ”₯ Value

  • Identify wallets that aren’t just buying, but holding

  • Confirms stronger conviction and belief in a token

  • Helps you avoid fast flippers or mercenary capital

πŸ‘€ Who Should Use This

  • Swing traders

  • Long-term thesis builders

  • Token researchers

⚠️ Workflow

  1. Find a wallet of interest and open Nansen Profiler

  2. Track their PnL on the PnL tab within Nansen Profiler:

    • Realized PnL β†’ good for short-term traders.

    • Unrealized PnL β†’ good for long-term holders.

  3. Look for:

    • High unrealized ROI on held positions

    • Consistent entry behavior across multiple tokens

❓When to Use This

  • After identifying a potential token of interest

  • Before entering a trade to validate thesis strength

  • When deciding whether to hold longer

βš™οΈ Feature Spotlight

  • Realized vs Unrealized PnL breakdown

  • Entry/exit visualization chart

πŸ’‘Pro Tip

Use the Deep Research feature on Nansen Profiler to analyze the owner of the wallet.

This feature is currently only available for Professional tier users.

Community contribution by @pelimatos. Got a workflow that might be helpful? Share it with the Nansen community. Get in touch at marketing@nansen.ai.