future trading was never my thing and being very honest, I never even tried these things because I do not believe in any indicators, but I do believe in on-chain data.
anyway, while investigating a token's pump and dump scenario, I found a pattern and that made me take a trade on this token.
surprisingly, this is my first ever future trade and I successfully exited with profit.
this token does not do pump and dump like most scammy tokens do, 100% in a day or even more. instead, it goes 20-25% up within 2-3 days and on the next day it comes right back to the same level.
it always looked like someone was intentionally not letting this token go up and that is the first thing that made me into this exploration.
the very first thing I did was finding all the pump and dump time ranges and then downloading all the transfer history of that token, from 1 day before to 1 day after each of those pump and dump incidents.
I found some obvious patterns of which wallets were coordinately making this dump, but here is where it got interesting, while most of the addresses were directly connected, the rest were totally not connected onchain.
but while checking all the txs, I noticed even though these few addresses were not directly connected, they were using the exact same gas limit for transferring the token from one wallet to different wallets, which was 200K, way higher than needed.
besides this, the gas fee settings were also identical : max priority fee was set to 3 GWEI while max fee was set to 6 GWEI.
that basically confirmed it, even though these addresses are not directly connected on-chain, these small details cleared all the doubt, all these wallets are being operated by the same entity or user.
after the analysis, I built a TG bot that monitors for the same on-chain transfers in real time, and based on the signals it sent, I made my first ever future trade completely based on on-chain pump and dump patterns.
and tbh still can not believe my first future trade actually worked, and that too without using a single indicator.
it is just 1 token and 1 pattern for now, but it opened up a whole new way for me to look at the market and i am definitely going deeper into this from here.
