📊 How to Track and Analyze Wallets
Understanding how a trader operates is just as important as copying their trades.
After identifying a profitable wallet and setting it up for copy trading, the next step is to track their results and trading behavior — and that’s where the dEdge analysis module comes in.
Below, you’ll learn how to monitor any Solana wallet, check its latest trades on DEXScreener, and use these insights to improve your own strategy.
🔹 Step 1 — Open the Wallet Analysis Menu
In the dEdge Bot, tap “Analyze Wallet” and send the Solana wallet address you want to study.
The bot will automatically start scanning the wallet’s on-chain activity.
You’ll see a message like this:
🚀 Wallet Analysis in Progress
“We’ve just grabbed new signatures from your wallet… Sit tight, we’ll be back with your personalized analysis shortly!”
dEdge analyzes hundreds of transactions and isolates only swap actions (buys and sells) for a clean, performance-focused report.
🔹 Step 2 — Check the Latest Trades
Once the analysis is ready, tap “Last Trades.”
The bot will display a list of the wallet’s most recent closed trades, with full details for each:
- PnL in SOL and % (profit or loss for each trade)
- Timestamp of when the trade occurred
- Token name and contract address
- A direct link to view it on DEXScreener, showing both buy and sell markers
👉 Each trade includes a “See it on DEXScreener” link — letting you visualize the buy/sell pattern directly on the price chart, as shown below:
Interpret the Trader’s Behavior
With this data, you can quickly understand:
- Which tokens the trader focuses on.
- How long they typically hold between buys and sells (Delta).
- Their average profit per trade.
- Whether they behave like a scalper (many short trades) or a swing trader (fewer, longer trades).
These insights help you decide whether to keep copying that wallet or pause it if performance drops.
🔍 Step 2.1 — Visualizing Trades on DEXScreener
When you click “See it on DEXScreener” in any trade summary, you’ll be redirected to a live chart of that exact token — with buy and sell markers displayed directly on the price action.
These markers let you visually analyze each trade the wallet executed:
- 🟢 B (Buy Marker) — shows the exact point where the trader entered the position.
- 🔴 S (Sell Marker) — shows where the position was closed.
- 📈 The gap between B and S shows the holding period and profit/loss visually.
How to Read the Chart
- Identify the Entry Timing
- Look at where the green B marker appears relative to the initial breakout.
- Early B markers indicate a trader who enters quickly — usually high-risk, high-reward.
- Late B markers indicate someone who waits for confirmation — often safer, but with smaller gains.
- Measure Profitability
- Hover over the B and S markers to compare price levels.
- A visible upward move between them = profit.
- A downward or flat move = loss or breakeven.
- You can cross-check these numbers with the PnL shown inside dEdge (e.g. “+14.81%” or “−46.84%”).
- Observe Exit Behavior
- Some traders sell into strength (near peaks).
- Others exit on reversals or support levels.
- This helps you identify if the trader has a disciplined exit strategy or is just reacting emotionally.
- Analyze Trade Frequency and Style
- By comparing multiple charts, you’ll notice patterns:
- Many small trades → scalper profile.
- Fewer, longer trades → swing or position trader.
- Entries within minutes of token launch → sniper or meme hunter (common on Pump.Fun tokens).
💡 Pro Tip
If you notice trades that happen within seconds of token creation, and deltas below 100 seconds, your bot might struggle to replicate them precisely — those wallets are often ultra-high-frequency or automated.
For copy trading, look for wallets where:
- 50th Percentile Delta ≥ 200 seconds
- Win Rate ≥ 60%
- Net SOL consistently positive
These metrics mean the trader holds long enough for your bot to copy effectively, without missing entries due to Solana’s latency.
Key Insight
Viewing trades on DEXScreener bridges the gap between data and behavior.
You’re not just seeing numbers — you’re seeing the story of each trade: when the trader entered, how long they held, and where they took profit or loss.
By combining this visual analysis with dEdge’s performance metrics, you gain a full 360° view of a wallet’s trading style before deciding to copy it.
🔹 Step 3 — Add to Tracker
If the wallet proves consistent, click “⭐ Add to Tracker” to save it to your personal watchlist.
dEdge will automatically send you daily recaps of that wallet’s performance — including updated PnL, Win Rate, and Net SOL.
This means you don’t have to re-analyze manually; dEdge tracks everything for you.
Understanding Wallet Insights with dEdge AI
Once you’ve reviewed a wallet’s metrics and visualized its trades on DEXScreener, you can go one step further by asking dEdge AI for an instant, human-like breakdown of the wallet’s behavior.
This feature uses AI-powered analytics to summarize the trader’s strategy, consistency, and potential risks — turning raw data into actionable insight.
🔹 How It Works
When you click “Ask dEdge AI about this wallet,” the bot automatically analyzes:
- PnL trends (total gains, losses, and volatility);
- Win Rate patterns across the last 15, 30, or 60 days;
- Trade frequency (how active or selective the wallet is);
- Holding times (Delta percentiles) to estimate the trader’s style;
- PnL Ratio and consistency, identifying if performance is sustainable or luck-based.
Within seconds, you’ll receive a personalized AI report — written in natural language — describing the trader’s profile, such as:
💬 “This wallet shows strong consistency with 68% win rate and moderate holding periods around 300 seconds. The trader avoids high-volatility pumps and maintains a steady PnL Ratio above 1.3, suggesting disciplined entries and exits.”
or
⚠️ “This wallet exhibits extreme volatility and short holding times under 100 seconds. While profits appear high, it’s likely using an automated sniping strategy that’s hard to replicate manually.”
🧠 Why It’s Useful
dEdge AI bridges the gap between data and decision-making.
Instead of manually interpreting dozens of metrics, you get a quick summary highlighting:
- 🟢 Whether the trader is consistent or speculative;
- 📈 What type of strategy they use (scalping, swing, pump-based);
- ⚠️ Key risks or warning signs (low liquidity, unrealistic win rates, short deltas).
These insights help you decide whether a wallet is worth copying or tracking long-term.
💡 Pro Tip
Combine this analysis with Wallet Finder and Filtered Wallets to build a data-driven workflow:
- Use Wallet Finder to discover high-performing traders.
- Analyze them with the Analyze Wallet tool to confirm consistency.
- Add the best ones to your Tracker for daily insights.
🎯 Key Takeaway
Tracking trades is what turns copy trading into real learning.
By studying how consistent traders enter and exit positions, you sharpen your own strategy and develop a deeper quantitative mindset.
🔍 Analyze, filter, and copy intelligently — dEdge does the heavy lifting.
