How traders caught $SNOWBAGS mid-rally using chain analysis



A trader in our group recently shared their winning play: spotting $SNOWBAGS early when it was still sitting around $10.5K and riding it all the way to $44.8K. The key? Chain scanning tools.

Here's the playbook that worked:

**1. Real-time chain data matters**
Using tools like GMGN to monitor on-chain activity lets you identify unusual token movements before they hit the radar of casual traders. When whales or smart money start accumulating, the blockchain records it immediately.

**2. Pattern recognition + timing**
It's not just about spotting trades—it's about understanding the sequence. Volume spikes, holder concentration, exchange inflows/outflows—these tell a story when you know how to read them.

**3. Copy established winners**
Watch what successful traders do. By tracking their wallet moves on-chain, you can observe position sizing and entry points without needing to guess.

The meme coin space moves fast. Those who combine intelligence tools with solid risk management often catch moves that others miss entirely. The $SNOWBAGS example proves chain analysis beats pure luck when executed properly.
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OnchainDetectivevip
· 2h ago
Wait a moment, I’ve been analyzing on-chain data for a while and found that there’s something behind the $44.8K increase... According to on-chain data, the fund flow patterns of those key wallet addresses are suspiciously abnormal.
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MEVvictimvip
· 2h ago
Honestly, I always want to complain when I see this kind of post... 99% of the people copying trades are the ones getting liquidated.
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GasFeeTherapistvip
· 2h ago
It's that kind of story where "my friend made a fortune." Is it true or not... But a 4x return is indeed impressive.
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BuyTheTopvip
· 2h ago
4.3x returns? hmm, on-chain data looks good, but the ones really making money have already cashed out long ago.
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Whale_Whisperervip
· 2h ago
ngl these more than 4x returns are indeed impressive, but the key is still having good tools and discipline. Following the trend and copying orders will always be a step behind; you still need to learn how to read on-chain data yourself... $SNOWBAGS If I had known about this earlier, it would have been great. Now I can only wait for the next one. By the way, more and more people are using tools like GMGN, and the advantage period is also shortening.
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OnchainDetectiveBingvip
· 2h ago
On-chain data is really popular now, and following the big wallets can indeed make money...
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