During the 20-day surge of Bitcoin, what were on-chain smart money buying? Note: Please provide the original text in Chinese for future reference.

24-02-27 17:54
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At the beginning of the Year of the Dragon, the cryptocurrency market is like a dragon going to sea, with an unstoppable momentum. From February 7th to now, in just 20 days, Bitcoin has surged from 43,000 to 570,000 US dollars, an increase of more than 30%, as if the bull market has arrived. However, the anxiety of most investors has risen in sync with the market's surge, because at this moment, what they hold in their hands are mostly Layer2, Gamefi, meme, small pictures, and even inscriptions...


Bitcoin monthly chart, the bull is coming


So, how did Smart Money, which performed well on the chain, stand out during these 20 days? What coins did they buy during these 20 days, and have they already sold or changed positions? This article analyzes the data from the 0xScope platform as follows.


Firstly, the Smart Money address list in this article refers to addresses that have shown outstanding performance in net profit, investment return rate, and winning rate in the past 30 days, as monitored by Scopescan.


During this round of the uptrend cycle (February 7th to 27th), the highest winning rate Smart Money's most profitable currencies are ranked as follows:


1、MOBY (Community-driven IC0 platform): Smart Money bought in at a cost of $0.7335, with the current price at $2.63, resulting in a profit of $4.04 million. As of the time of writing, the net inflow of Smart Money for this currency is still $1 million.


2、WLD: Smart Money purchased at a cost of $3.3 and is currently priced at $8.1, resulting in a profit of $2.99 million. As of the time of writing, the net inflow of Smart Money for this currency is still $1.94 million.


3、COTI (Corporate Digital Financial Network Protocol): Smart Money buy-in cost is $0.099, current price is $0.2399, with a profit of $1.24 million. As of the time of writing, the net inflow of Smart Money for this currency is $463,000.


4、wBAI (Open Source Decentralized AI Protocol): Smart Money bought in at a cost of $2.66 and the current price is $9.77, resulting in a profit of $974,000. As of the time of writing, the net inflow of Smart Money for this currency is $140,000.


5. PALM (a chat multi-platform robot based on Google AI technology): Smart Money's buy-in cost is $0.144 and the current price is $0.595, resulting in a profit of $923,000. As of the time of writing, Smart Money is showing a net outflow of $12,800.


6、ORDS (Ordiswap, a Bitcoin DeFi project): Smart Money bought in at a cost of $0.0776 and the current price is $0.2293, resulting in a profit of $823,000. As of the time of writing, the net inflow of Smart Money for this currency is $284,000.



Smart Money Profit Ranking by Cryptocurrency


Combining the above list, it is not difficult to see that AI concept tokens occupy a significant portion of the list, mainly due to the market enthusiasm sparked by Sora extending to the cryptocurrency market. The top-ranked MOBY is a project with high community popularity, focusing on "community-driven" and "fair token distribution principles".


Overall, market attention, fair distribution, and small market capitalization are the common characteristics of high-yield varieties in this round of market trends. Combined with the capital flow of Smart Money, perhaps the next Smart Money will be your wallet.


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