# Finding Insider Wallets

### DEX Screener

The first step to finding these insider wallets it to find already successful memecoins that have recently seen a **large** pump. Head over to [dexscreener.com](http://dexscreener.com/), or download the DEX screener app. This will allow you to track all kinds of cryptos. We suggest you play around with the website/app to familiarise yourself. If you are not familiar with reading market charts, I suggest you watch [this video](https://www.youtube.com/watch?v=tW13N4Hll88).

***

### Finding a Successful wallet

Once you have found your bearings, head over to the Solana chain on the left, to view coins that have been listed on the Solana blockchain.

<figure><img src="/files/6EiswH5STw0cRtCLdhl0" alt=""><figcaption></figcaption></figure>

Next, we are going to find memecoins that have recently seen large gains. However, take note we are not looking for memecoins that have done too well, as the successful wallets on those coins will likely have already been tracked, and the owner of the wallets has likely moved their funds out of it. We want to avoid these saturated wallets.

For this reason, will be looking for coins which have pumped to a market cap of at least 5 million dollars, but no more than 100 million. We can do this by applying these filters:

<figure><img src="/files/Th3RqtzZ2GU4WjWnJdvp" alt=""><figcaption></figcaption></figure>

Note that we have also required a minimum of 1000 transactions. Once you have applied these filters, choose one of the coins that come up. For this example, I have chosen $HULVIN. I would highly advise against using this coin or the wallet I use as an example from it, as many of you will also track it, creating a saturated wallet, which is not what we want.

<figure><img src="/files/8wQ0tu9T4UwVFZqIGDYo" alt=""><figcaption></figcaption></figure>

Next, navigate to the “top traders” section on the bottom of your screen. Here we can see the most successful traders and their wallets. Here, we want to find a wallet that has only made one or two buys very early on, and has made a high return on investment.

<figure><img src="/files/Etiv1tREJpmC0NtP9vfs" alt=""><figcaption></figcaption></figure>

As we can see, the 14th best trader has turner $34 into $39000, a 1147x return. By clicking on the EXP button on the right, we can view their address on S*olscan:*

{% hint style="info" %}
&#x20;*Solscan is a public website that stores all data of all solana wallets+*
{% endhint %}

<figure><img src="/files/pcmOD7K8wqfGwm6erCxu" alt=""><figcaption></figcaption></figure>

Copy the address (which is directly underneath where it says “account” on the top left), and head over to [CoinStats.com](https://coinstats.app/refer/CoinStatsAffiliate?utm_source=CoinStatsAffiliate\&utm_medium=aff\&utm_campaign=inf\&utm_id=CoinStatsAffiliate\&fpr=charlie66). We suggest you try out their paid version, as it will help you analyse these wallets much better (they offer a 1 week free trial, so give it a try!). However, it is not required to use the paid version and you can still track these wallets for free. This is what it looks like when we tracked the wallet on CoinStats:<br>

<figure><img src="/files/028NbJjzrUk0Jtrr6Mez" alt=""><figcaption></figcaption></figure>

Using Coinstats, we can analyse this wallet in depth. For example, if we click “portfolio peformace” we can see how much their wallet has grown:

<figure><img src="/files/ZknHwhCy1yeoGpDm87Ys" alt=""><figcaption></figcaption></figure>

They have turned a wallet with $1000 into $60000. Looking a little further, we were able to see that this wallet had not only seen huge returns on $HULVIN, but on a number of other coins as well, notable $SOLCEX:

<figure><img src="/files/Dnu0CopHlm9czWbLqguA" alt=""><figcaption></figcaption></figure>

Here, we can see they have also made a $45 purchase on $SOLCEX, which is currently worth $20000. Coincidence they got lucky twice? Highly unlikely. This is an *insider wallet.*

Great! Now we have found a winning wallet!

{% hint style="info" %}
NOTE: *You will likely have to search many wallets to find a winning one. You should also make sure a wallet is active, as developers often make new wallets for each new coin, meaning a large amount of these winning wallets are inactive.*
{% endhint %}


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://solanaupdate.gitbook.io/the-crypto-bible/memecoin-trading/finding-insider-wallets.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
