Nansen presents a new tool for monitoring smart funds and real-time trading activities
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Nansen, an on-chain analytics platform, has launched a new Profiler PnL feature that allows crypto investors to track and analyze top investors across multiple blockchain networks, including Ethereum, Base and Arbitrum, in a recent press release shared by the company.
The profiler provides specific metrics such as average return on investment (ROI), win rates and best and worst trades, Nansen noted. The tool is designed to provide insights into both realized and unrealized gains and losses.
Moreover, users can set alerts to monitor the investment activities of leading traders in real time. This allows them to imitate strategies that have shown profitable results.
With this feature, Nansen aims to provide analytics that help investors discover hidden opportunities in wallet activity.
According to the team, the PnL feature has demonstrated the utility of memecoin trader huck.eth with over $23 million unproven profit on PEPE and 90% average ROI per trade.
In addition to this launch, Nansen said it has improved its processes to better allocate funds. The group expects improved fund allocation to help users identify the most successful and consistent players, smart funds and other market participants.
Similar to PnL's behavior, the smart money fund label has seen success with entities like Kronos Research's high profits and high ROIs across a variety of tokens, Nansen said.
According to Alex Svanević, CEO of Nansen, the latest updates not only increase transparency in Defy analytics, but also provide actionable insights that enable experienced traders and newcomers alike to improve their strategies and maximize their returns.
“It brings a new clarity to the table,” Svanevik said. “Users can now track and understand the trading activity and performance of top players in the industry, gaining key insights into their strategies. Whether you're a big name or a savvy investor, this feature helps you stay informed and gain confidence.”
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