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Shotgun now includes a Trader Scan feature embedded directly within the orderbook interface. This allows users to view detailed wallet-level activity for any token they’re tracking! For each trader interacting with a specific Memecoin, it’s easy to see how much they’ve bought or sold, their current balance, and even their realized PnL. This helps users quickly identify whether a wallet is accumulating, offloading, or flipping for gains. Additionally, the tool shows how long each wallet has been holding the token, offering extra context around conviction and timing. It gives traders a clearer picture of who’s behind the moves - and how experienced or committed they might be.

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Benefits of Using Trader Scan

The Trader Scan feature provides several advantages for users:
  • Transparency: Gain insights into wallet-level activities, making trading decisions more informed.
  • Strategic Analysis: Assess the market stance of traders, distinguishing accumulators, sellers, and speculators.
  • Enhanced Decision-Making: Use data on wallet longevity and trading patterns to determine market sentiment and trader hold times.