monitoring-whale-activity

Monitoring Whale Activity

Overview

Track large cryptocurrency transactions and whale wallet movements across multiple blockchains. Monitor exchange inflows/outflows, manage watchlists, and identify known wallets (exchanges, funds, bridges).

Prerequisites

Before using this skill, ensure you have:

• Python 3.8+ with requests library
• Whale Alert API key (optional, for live data - free tier available)
• Internet access for API calls

Instructions

Step 1: Navigate to Scripts Directory

cd {baseDir}/scripts

Step 2: Choose Your Command

Recent Whale Transactions:

python whale_monitor.py recent                    # All chains
python whale_monitor.py recent --chain ethereum   # Specific chain
python whale_monitor.py recent --min-value 10000000  # $10M+ only

Exchange Flow Analysis:

python whale_monitor.py flows                     # Overall exchange flows
python whale_monitor.py flows --chain ethereum    # Chain-specific

Watchlist Management:

python whale_monitor.py watchlist                 # View watchlist
python whale_monitor.py watch 0x123... --name "My Whale"  # Add to watchlist
python whale_monitor.py unwatch 0x123...          # Remove from watchlist

Track Specific Wallet:

python whale_monitor.py track 0x123...            # Track wallet activity

Search Known Labels:

python whale_monitor.py labels --query binance    # Search by name
python whale_monitor.py labels --type exchange    # List by type

Step 3: Interpret Results

Transaction Types:

• 🔴 DEPOSIT → Exchange (potential selling pressure)
• 🟢 WITHDRAWAL → From exchange (accumulation signal)
• 🐋 TRANSFER → Wallet to wallet (whale movement)

Flow Analysis:

• Net positive flow to exchanges = selling pressure
• Net negative flow from exchanges = buying pressure

Output

• Real-time whale transactions with USD values
• Labeled wallets (exchanges, funds, bridges, protocols)
• Exchange inflow/outflow summaries
• Custom watchlist tracking
• JSON, table, or alert format output

Error Handling

See {baseDir}/references/errors.md for:

• API rate limit handling
• Network timeout recovery
• Invalid address formats
• Price service fallbacks

Examples

View $10M+ whale transactions on Ethereum:

python whale_monitor.py recent --chain ethereum --min-value 10000000

Analyze if whales are selling (depositing to exchanges):

python whale_monitor.py flows --chain ethereum

Track a known whale wallet:

python whale_monitor.py watch 0x28c6c... --name "Binance Cold"
python whale_monitor.py track 0x28c6c...

Export to JSON for further analysis:

python whale_monitor.py recent --format json > whales.json

See {baseDir}/references/examples.md for more usage patterns.

Resources

• Whale Alert - Real-time whale transaction API
• Etherscan - Ethereum blockchain explorer
• CoinGecko - Price data API
• Known wallet database with 100+ labeled exchanges and protocols