Big Whale Purchases and Sales - plots big whale transactions on your chart!
People that hold more than 1% of a crypto currencies circulating supply are considered whales and have a huge influence on price, not just because they can move the market with their huge transactions, but also because other traders often track their wallets and follow their example. Taking a look at whale holdings, one can see why whale worship is so common in crypto: While Bitcoin has a relatively low whale concentration, many of the Top 100 Cryptocurrencies have whales control 60% or more of their circulating supply. Integrating IntoTheBlock data, this script plots the transactions of these whales and, in strategy mode, copy trades them.
Features: Strategy Mode: Switches the script between an indicator and a strategy.
Standard Deviations: The number of Standard Deviations that a transaction needs to surpass to be considered worth plotting. Setting this to 0 will show all whale transactions, higher settings will only show the biggest transactions.
Blockchain: The Chain on which Whale activity is tracked.
Release Notes
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Replaced switch function with a string combinator.
Fixed rare issue where small purchases would show up as sales if both standard deviation bands had the same sign and vice versa.
Hidden display of 1/0 on status line when in plotshape mode.
@RelioDaddy, comments like yours mean the world to me, thank you!
zoeldoang
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Good
cabierman
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Wish you had this for leveraged ETFs like tqqq, sqqq, Bulz, berz, yinn, Yang, Kold, boil, spxl, spxs, bito, Biti, sark, Tark, Srty, Urty, fas, faz, Soxl, Soxs, Nrgu, nrgd, Jnug, dust, agq, Zsl, Drn, drv udow, Sdow - so many people I know are trading these now.