In this article, we will analyse the insider wallets and crypto whales that made money from the Mantra DAO token and show how you can make money from it by simply tracking the transactions of market makers and Tier-1 funds (such as DWF Labs) with ArbitrageScanner.io. 

This case study shows that tracking the crypto portfolio of market insiders can be the ultimate profit story for you – if you simply find the right wallets, analyse them, follow their actions in real time and make money. Below we’ll show you how you could make 20-30x on the rise of the altcoin Mantra DAO by searching and analysing wallets. 

ArbitrageScanner conducted an on-chain analysis of the situation that unfolded around the Mantra DAO token (OM) as the altcoin showed parabolic growth. We found one wallet that made $980,000 on this move. Using the service’s extensive functionality, we found that it was connected to market makers GSR Markets and DWF Labs, which have a reputation for token growth. 

MANTRA DAO TOKEN HOLDER

Figure 1 – “OM Early Holder Wallet with ArbitrageScanner portfolio tracker tools”.

In front of you is an early OM holder and his wallet that we found using our products. He caught our attention with his earnings on the Mantra DAO token. 

TIP: 

Pay attention to the tags listed under the address statistics. This can give you a minimal idea of the nature of the wallet. For example, that it is an early holder or a holder of a particular altcoin. 

Fig. 2 – “Wallet earnings by OM token. ArbitrageScanner”

You can explore the wallet here 

You can sort tokens from the portfolio by parameters by clicking on them. In our example we have sorted by profit in descending order (larger to smaller). You can also toggle this parameter to sort the list in ascending order by clicking on it again. 

By going to the token’s page, you can explore the entire activity history of the token. 

TIP: 

You can access the individual asset page either by clicking on the ticker from the portfolio or by clicking on the ticker from the transaction history. 

WALLET TRANSACTIONS

The first wallet transactions on the OM token took place in the distant 2020s. 

Fig. 3 – “First OM token wallet transactions. Arbitrage Scanner”.

To view all transactions on the OM Wallet token – here

To find the addresses that have interacted with this wallet, you should go to the Transfers section in the Wallet Analysis tab.

TIP:

To view outgoing or incoming transfers to this address, you will need to go to the Wallet Analysis tab. 

Next, under Find Transfers.

Transactions – List of wallets by transaction type (incoming or outgoing) that have interacted.

WALLET TRANSFERS

Among all the wallet transfers, we are interested in the address that had three outgoing transactions for the OM token.

Fig. 4 – “Wallet transfers to other addresses. ArbitrageScanner”

Wallet transactions from Figure 4 below:

Fig. 5 – “Withdraw wallet to another address. Arbitrage Scanner

A total of 4.1M OM tokens were transferred, worth $151K at the time of transfer. 

Next, we consider the relationship of the wallet from Figure 4 to other addresses.  

INTERLINKED ADDRESSES OF THE EARLY MANTRA DAO HOLDER 

The wallet found (from Figure 5) has a relatively modest performance in terms of trading statistics.

Fig. 6 – “Main dashboard, wallet found by ArbitrageScanner”

As well as a short list of token interactions at DEX venues

Fig. 7 – “Table of interactions with tokens on the DEX wallet from ArbitrageScanner”.

You can analyse this wallet here.

TIP:
Token Interactions – List of coins for which transactions have been made on DEX.

This table is located in the Wallet Analysis tab. Here you can see the coins that have been exchanged the most. 

This wallet, as mentioned above, has a low number of coins traded on DEX, as well as negligible trading activity. It was probably used as a place to temporarily store assets. 

The transactions of this wallet directly indicate this. As soon as funds were received, they were immediately withdrawn to other addresses. 

Fig. 8 – “Example of transactions”.

Looking at the transfers from this address, we are interested in the following wallets 

Fig. 9 – “Wallet transfers”

So the wallet transferred OM to two addresses for the amount of $2.07M. 

All OM transactions from the first wallet in Figure 8, see below

Fig.10 – “All OM transfer type transactions from ArbitrageScanner”.

Let’s look at another wallet’s OM transfers from Figure 8:

Fig. 11 – “All transactions of type OM from ArbitrageScanner”.

TIP:
To start analysing a wallet you have found, for example in a transfer, do the following 

• Copy the address 
• Press the “F” key 
• Type the address in the search box 
• Press ENTER

Thanks to ArbitrageScanner’s wallet entity detection feature, you can easily understand who owns them. 

For example, the wallets in Figure 8 belong to large market makers in the market. 

Fig. 12 – “DWF Labs wallet according to ArbitrageScanner”.

You can study the wallet here

Fig. 13 – “GSR wallet according to ArbitrageScanner”.

You can study the wallet here

TIP:
On the ArbitrageScanner website you will find the “Selections” section where the team has published wallets from famous funds, market makers, top holdings, celebrities as well as public collections from our users.

All of the above can be found by going to the relevant section. 

Or use this link  

Let’s take a closer look at what market makers do. 

GSR AND DWF LABS MARKET MAKER TRANSACTIONS

Let us take the GSR Markets wallet as an example.

Example of OM receipt to GSR address

Fig. 14 – “OM receipts to GSR Markets wallet

The history of transactions on the OM token by the market maker can be viewed here.

As soon as the funds arrived in the market maker’s wallet, they were immediately withdrawn to the Binance exchange. 

Fig. 15 – “OM withdrawals on CEX exchange after receipt of market maker GSR Markets from ArbitrageScanner”.

From the GSR wallet alone, 61.74M OM or 7% of the maximum volume was transferred to the Binance exchange! 

TIP:

You can apply a filter to the transaction history. For example, we used the filter by transaction type – “Transfer” to calculate the amount withdrawn.

See below for an example of how to use search filters: 

The whole chain of interaction of these addresses was as follows

Fig. 16 – “Chain of wallets when accumulating MANTRA DAO”.

An address associated with two market makers interacted with the early holder’s wallet. 

The funds received by anonymous trader #2 (from Figure 15) were sent to the wallets of GSR Markets and DWF Labs. 

Next, the market makers would deposit OM on the Binance exchange, accumulating the asset in a large volume. 

After a period of time, the token showed parabolic growth.

CONCLUSION

Using wallet analysis, we found that 

• An early MANTRA DAO holder interacted with the fund wallets.
• The wallet chain consisted of at least 4 addresses. 
• As soon as OM hit the market makers’ wallets, it was immediately transferred to the CEX exchange.
• Market makers controlled OM for at least 7% of the maximum token issue.
• DWF Labs and GSR Markets accumulated MANTRA DAO at a parabolic growth rate.

Finally, let’s take a look at the chart of MANTRA DAO on the Binance exchange, taking into account everything we’ve said so far.

Figure 17 – OM 1D Binance Chart

In this way, we established a link between the addresses of market makers acting in concert through a single early holder’s wallet.

The long accumulation of MANTRA DAO, the large percentage of token control and, of course, the transfers from the market makers to the Binance exchange subsequently led to a 2300% or 23X increase in wealth! 

With ArbitrageScanner on-chain analysis tools you can witness such events and make money together with top market makers.

You can find more examples of clients using the service on the blog or on the ArbitrageScanner YouTube channel. In terms of functionality, ArbitrageScanner is now the best service on the market, thanks to which users earn from $50,000 per month. 

The advantage of working with ArbitrageScanner is that, after subscribing to the service, you will receive a free training where all the features and possibilities of blockchain analysis/arbitrage will be shown in detail using specific cases – and you can start working in a new way using these cases as an example. And most importantly – you get access to a private chat room with the strongest crypto community, where participants share their working strategies, cases and market insights. 

You will have access to tools such as: tracking your portfolio, searching for profitable wallets of traders and market insiders, tracking transactions in real time. In addition to the web version, you can use a handy Telegram bot ArbitrageScanner Wallet Bot, where you can also follow the wallets of whales, large funds, analyse and follow their strategies. 

Here you can search for similar wallets using AI, a tool that no one else on the market has. With just a few clicks, you can get a list of wallets according to the criteria you are interested in (more than 512 characteristics). 

One of the most recent case studies – an ArbitrageScanner client made $15,000 using AI to search for similar wallets on PEPE and BONK tokens. In ArbitrageScanner’s picks of profitable wallets, the client found a wallet that was actively trading PEPE → found similar wallets → did mass analysis to find a correlation. It turned out that all the wallets were insider wallets – participating in the early stages of ICOs, interacting with new smart contracts. The client started tracking them, repeating the insiders’ actions – and in 1.5 months made x5 of his capital on CSWAP, HASHAI and BONK coins. Here is the link to the on-chain analysis case study. 

These are not high-risk automated bots – with Arbitrage Scanner you get access to working tools for arbitrage, on-chain analysis, free training, profitable cases, strong community – thanks to which clients choose this service and already increase their capital 30-50x every month.

Register on the ArbitrageScanner website, choose a suitable plan and increase your capital with the best earning tools. After signing up, you will have immediate access to training and private chat with top market participants and a strong crypto community that shares their strategies and market insights. 

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