UniWhales - tracking whales on Uniswap

The world of DeFi is changing very fast. Few people are able to keep track of all the new tokens and their volumes twenty-four [...] https://www.pinterest.com/pin/1085437947660215829/

The world of DeFi is changing very fast. Not many people are able to keep track of all the new tokens and their volumes twenty-four hours a day. Now a new Ethereum whale tracking app has been created to make this easier. UniWhales tracks ETH whales We are talking about UniWhales here. It is an app that notifies subscribers of the latest big trades on the decentralized exchange Uniswap via alerts on Telegram. UniWhales keeps track of all the new ERC-20 tokens that come on the market and their trading volume. Why can UniWhales be useful? Because the DeFi world is changing very fast and there are innovations at every step. Lots of project information is published online, prices can change significantly in seconds, and hacks are becoming more common. The Uniwhales founder said for the Decrypt website: "I think it's important for retail users and Uniswap traders to know in real time where capital is flowing in order to identify trends and market movements." Matt Aaron, who co-founded UniWhales with Timur, added: "Whales are the driving force behind the DeFi market - it's a signal of where the market is going. As a DeFi trader, when a coin can go up 40% in 30 minutes, you want that information as soon as possible." New, unknown tokens The app has a "New/Unknown Tokens" channel. It displays coins that are new or have a low market cap when the first $10k transaction takes place. The feed has identified several coins whose value has shot up in just a few hours (up to 10 times). UniWhale users can also avoid the security issues that have plagued DeFi protocols recently. When Pickle Finance was hacked, sales transactions appeared on the Telegram channel. Traders need this information because investments in the DeFi world are very risky. The basic version of the app is free. Users can also get access to a paid group where you can find whale analysis (e.g., profitability, largest trades, position size) and historical data on their movements. In addition, UniWhales will launch a browser-based interface on December 7 that will increase functionality and the ability to view and customize data. UniWhales is trying to keep up with the ever-changing DeFi industry. Today, the app announced that it will launch a new Telegram channel dedicated exclusively to the SushiSwap movement - something the team didn't plan on doing. According to the project's founders, over time it will monitor other DEXs as well. Tags DeFi uniswap uniwhales