解讀GOAT上的聰明錢買地址，MEME交易策略比運氣更重要

Recently, the MEME coin GOAT on Solana can be said to be the biggest wealth code, with a market value of over $400 million in just one week. It also allowed many smart money to gain more than a thousand times of profit. Behind the story of getting rich quickly, how did these smart money operate? How did they achieve more than a thousand times of profit? PANews conducted an in-depth analysis of the six smart money addresses that gained substantial profits on GOAT.

In the analysis, PANews mainly focuses on the time period in which these smart money buys, what is the daily buying operation strategy, how long is the position held, and when is the principal sold.

2PYWK : Pump.fun curve pusher accidentally captured GOAT

2PYWKE6EJ8pWeX11ahhvrY1k947JCwuwZpV4eihiJJNS (hereinafter referred to as 2 PYWK), this user started buying about 1 hour and 25 minutes after the opening, when the market value of GOAT was less than 50,000 US dollars. 2 PYWK is considered to be the earliest promoter of GOAT. In fact, long before GOAT completed the curve of Pump.fun, 2 PYWK spent 1.15 and 1.41 SOLs to buy, which also became the last transaction for GOAT to meet the curve. However, it is obvious that 2 PYWK is very cautious. After the listing of Raydium, he quickly cleared his position and recovered nearly 7 SOLs, completing his first profit on GOAT. It was not until he observed it again for more than an hour that he entered the market again.

By analyzing several other transactions of 2 PYWK before this, it can be seen that the main method of this address is to find tokens that are about to complete the curve on Pump.fun, buy them and then sell them on Raydium. This was his main profit-making method before. However, judging from the results, he also encountered projects that went directly to zero after buying, resulting in complete losses. GOAT should be an unintentional successful attempt. The users funds initially seem to have come from Binance.

Lets analyze the logic of this users success. First, he had already made a profit of about 4 SOL by trading on Pump.fun, so when he bought 5 SOL for the second time, his cost was almost negligible. This time, he held the position for a long time, holding it for a total of 3 days and 21 hours before making the first sale. The number of sales was also an integer of 100,000, and a total of about 15,000 US dollars, which was about 20 times the principal. Later, he sold the tokens in batches of 100,000. According to PANews estimates, if his initial position had not been sold, it would have reached 4.3 million US dollars by October 17, with a maximum multiple of 5,678 times.

HdxkiX: rushing to open the market + buying heavily, suspected to be a robot

HdxkiXqeN6qpK2YbG51W23QSWj3Yygc1eEk2zwmKJExp (hereinafter referred to as HdxkiX), this address bought earlier, but its cost price is about 3 times higher than 2 PYWK. The reason is that when HdxkiX bought, GOAT was rising, and it rose 5 times in just 5 minutes. HdxkiXs purchase may be attracted by this rise. Then the price of GOAT plummeted, falling rapidly by about 90%.

And from the buying operation, HdxkiX likes to buy heavily, buying nearly $5,000 in 1 minute, and then buying another $1,500 5 minutes later. In the process of pulling up, HdxkiX should also be one of the important contributors.

Then, when the price was about 30 times higher than the cost, HdxkiX started to sell the principal in two transactions. The holding time was about 4 hours. He continued to sell the GOAT. As of October 17, there was about $460,000 worth of GOAT left in his account. If he had held the amount he initially bought until the end, he could have made a maximum profit of $10.36 million, a profit multiple of 1,711 times.

From the operation point of view, HdxkiX looks like a high-frequency trading robot address. So far, the address has made more than 14,000 transactions. PANews found through analysis that HdxkiX seems to like to grab the opening, that is, it mainly focuses on the tokens of Raydium that have just been launched, in order to obtain short-term profits. At the same time, after making a profit, HdxkiX usually chooses to sell the principal and gradually ship out the rest of the profits.

8vChPg : A super large investor who bought $1.77 million when the market value was $170 million

The address 8vChPgJiQUZfq4SeHhLA6ExSwFbSEaWU7krbwcWRpXSw (hereinafter referred to as 8 vChPg) is obviously operated by a super large user. 8 vChPg is a new address. After it was created on October 14, it kept withdrawing about 1.77 million US dollars from the Kraken exchange and bought all GOAT. From the cost point of view, the average cost of 8 vChPg reached 0.174 US dollars, and the market value at the time of purchase was as high as 170 million US dollars. Although the timing of the purchase was not early, GOAT was already hot in the MEME circle on October 14. It can only be said that 8 vChPg is skilled and bold. In this case, he bought and has not sold it so far (October 18), and also obtained a floating profit of about 1 times, with a floating profit of about 2 million US dollars. Judging from the scale of funds and operation style, the owner of this address is very likely to be an institution or a super large user.

4kiK6 : MEME short-term swing traders were lucky to buy before the rally

4 kiK 6 miT 9452 ac v3 R 2 NvxMyqM 3d PNkNopwFMEGJ L1 pnn address (hereinafter referred to as 4kiK6 ), 4kiK6 seems to be a professional MEME coin band player. He often buys and sells in a short period of time (about 10 minutes). This operation often loses money, and the profit margin is not large. However, this address has been buying and selling MEME coins since March 2024. Judging from the frequency of transactions, it should also be an old MEME coin player. Generally speaking, 4kiK6 will sell all after buying, and within a few minutes after purchasing GOAT, fortunately, the price of GOAT rose dozens of times in a short time. Therefore, 4kiK6 does not need to clear the warehouse, but only chooses to sell 1,700 US dollars and then ship in batches later.

CMDar: Professional smart money, heavy positions + patience to create millions of profits

CMDarQhUrahd9f3UNEaC5yfBi5ha8gsLEwP9aHZQeDLG (hereinafter referred to as CMDar), this address also looks like a professional trader. According to Lookonchain monitoring, CMDar traded $BILLY 4 months ago and earned $593,000. Judging from the operation of this transaction of GOAT, CMDars operation style is also not to rush to open the market, but to explore in the early stage. When he bought, the market value of GOAT had reached 8.58 million US dollars, and from the K-line chart, it had just experienced a wave of sharp rise. Generally speaking, it takes a certain amount of courage to enter the market at this time, and CMDars buying position is also large. He bought $92,000 in less than 10 minutes in one breath, and each purchase was 50 or 100 SOLs.

Then CMDar patiently waited for another 5 and a half days, until the price rose about 40 times from when he bought it, and then he started to sell a small part, recovering the principal in several transactions. Judging from his operation, this is undoubtedly the legendary MEME diamond hand. As for why he dared to buy a large position when the market value was high, and it seemed that he knew in advance that the market value of GOAT would exceed 100 million, and he did not sell it until the price rose 40 times. The logic behind this is indeed worth pondering.

4Jpef1 : MEME big players will also panic when the market crashes

4 Jpef 1 sPVwFaQmWhDVaoHcY 66 nmSmbLd 2 fXgVW 59 wJqL (hereinafter referred to as 4Jpef1 ), the user of this address seems to be another big player of MEME. About 6 hours after GOAT was created, 4Jpef1 began to buy in large quantities, and bought about 63,000 US dollars of tokens in about half an hour. However, when he bought, the price was in the callback stage. Obviously, many chips that retail investors fled in panic were absorbed by 4Jpef1 . After he bought, GOAT briefly rose, and then fell back deeply again. This seemed to make 4Jpef1 a little panic. He sold part of his positions several times, and then bought again after the situation stabilized. However, 4Jpef1 is obviously more patient than other holding addresses. He bought a total of about 15 million GOAT in the early days, and currently holds 13 million GOAT, worth about US$4.79 million, with a floating profit of at least more than US$5 million.

According to PANews analysis, judging from the operation style of other tokens, 4Jpef1 also likes to capture the tokens that have just been listed on Raydium. Then, he quickly sold the principal after the token rose, and continued to hold the remaining positions. However, 4Jpef1 s operation does not always make money. On the same day as buying GOAT, 4Jpef1 also bought another Freakbob MEME coin, also investing tens of thousands of dollars, but almost all of them were bought at the highest point. By the 13th, this token had fallen by 90%, and 4Jpef1 also arrogantly transferred all the tokens back to the creator.

Summarizing the smart money operations of the above players on GOAT coins, PANews found that there are no lucky novices among these players, all of them are experienced professional MEME players. Although their strategies are different, it can be seen from the operation process that these players have their own unique analysis methods (of course, we have no way of knowing which indicators they use).

In addition, judging from the trading operations of these smart money, traders who buy earlier generally invest less each time, which is a test of hand speed and quick analysis ability. Some big investors will choose to enter the market when the market value of tokens grows to millions of dollars or even hundreds of millions of dollars, and rarely operate after buying.

Smart money with smaller funds are more willing to sell the principal and part of the profit after the token rises, and then distribute the sales, but always keep a part of the position to let the bullet fly for a while. In general, the operation of these smart money can be summarized as a set of mature trading strategies based on probability, plus some very rare luck.

But for ordinary users with limited funds, the cost of trial and error is too high, and the operating style of these smart money is actually not suitable for copying and imitating. It is better to become smart money yourself than to blindly follow smart money.

This article is sourced from the internet: Interpreting the smart money buying addresses on GOAT, MEME trading strategy is more important than luck

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