# How to Track and Analyse Wallets

Source: https://dedge.pro/filtered-wallets-find-traders-that-match-your-strategy-2/

[ACADEMY](https://dedge.pro/dedge/academy/) / WALLET RESEARCH

dEdge Academy · 5 min read · Published 2025-10-10

This guide preserves the original educational material. Screenshots and third-party interfaces may have changed. dEdge provides research; third-party tools execute trades. For current dEdge limits and subscriptions, see [current plans](https://app.dedge.pro/pricing).

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/7b3c2422d6e35000.png)  

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.

 

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/df07133699960640.png)

 

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!”

> ![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/51d9a999043303de.png)

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:

 

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/1bfda9b253340ffd.png)

-   **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:

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/1c8cc355dcadcd75.png)

#### 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.

 

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/101bc3f10e28d2ff.png)

 

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

1.  **Identify the Entry Timing**
2.  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.
3.  **Measure Profitability**
4.  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%”).
5.  **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.
6.  **Analyze Trade Frequency and Style**
7.  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](https://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.

 

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/b0bf6c6391bdaac7.png)

  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.

![Illustration from How to Track and Analyse Wallets](https://dedge.pro/images/academy/c83045c540f08c22.png)

### 🔹 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:

1.  Use **Wallet Finder** to discover high-performing traders.
2.  Analyze them with the **Analyze Wallet** tool to confirm consistency.
3.  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.**

🚀 Open now on Telegram: [https://t.me/dEdge\_solana\_bot?start=academy](https://t.me/dEdge_solana_bot?start=academy) to track the latest trades from Solana’s top-performing wallets.

### Put the context to work.

Start with a free public wallet report. Look at the analysis window, the returns and the details.

[Research a wallet ↗](https://app.dedge.pro/)

## Keep learning.

[All guides ↗](https://dedge.pro/dedge/academy/)

Wallet research · 2 min

### Filtered Wallets — Find Traders That Match Your Strategy

Read guide ↗

[View page](https://dedge.pro/filtered-wallets-find-traders-that-match-your-strategy/)

Wallet research · 2 min

### AI Insights: Understanding a Wallet Analysis

Read guide ↗

[View page](https://dedge.pro/ia-insights-how-dedge-is-changing-the-analysis-game/)

Wallet research · 3 min

### Tracking Wallets: Why It Matters and How to Add a Wallet

Read guide ↗

[View page](https://dedge.pro/curated-wallets-data-backed-shortcuts-to-profitable-traders/)

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