🛡️ Overview

Difficulty: Intermediate / Steps: 4 steps / Time: ~10 minutes per token/wallet analysis

🔥 Value

You avoid getting baited by short-term pumps and instead follow wallets with real skin in the game. This improves conviction in volatile markets.

👤 Who Should Use This

• Swing traders looking to follow conviction plays

• Long-term investors researching entry/exit signals

• Anyone building Smart Segments for better filtering

⚠️ Workflow

1. Open Nansen Profiler:

   • Start from a wallet that shows up on Smart Money dashboards or your Smart Segment.

   • Alternatively, start from a token and drill into top holders.

2. Review PnL metrics:

   • Realized PnL: Great for tracking fast flippers and high-frequency traders.

   • Unrealized PnL: Ideal for identifying long-term conviction holders who haven’t exited yet.

3. Apply Filters:

   • Look for wallets with:

     • High unrealized ROI

     • Long holding duration (30D+)

     • Repeated entries in other profitable tokens (not just one lucky trade)

4. Open Wallet Profiler for Token (WP4T):

   • Identify when a wallet bought or sold a token

❓When to Use This

• Validating and analyzing a wallet’s behavior

• During due diligence on a trending asset

• Before entering a new token

⚙️ Feature Spotlight

• Nansen Profiler → See multi-token behavior, time held, and portfolio rotation

• PnL Metrics → Sort by unrealized ROI to find strong holders

• Wallet Profiler for Token (WP4T) → Understand wallet history with a specific token

💡Pro Tip

Combine with Token God Mode’s Top Holders tab to zoom in on wallets that not only bought early, but are still holding after big moves.

Community contribution by @bike4sail. Got a workflow that might be helpful? Share it with the Nansen community. Get in touch at marketing@nansen.ai.