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Whale Tracking: Following Smart Money

How to use wallet-attributed Smart Money Delta on Hyperliquid to follow institutional flow.

Hyperliquid is unique among exchanges because every trade is associated with a wallet address. This transparency allows us to decompose total volume into three categories: whale trades (>$50K notional), HLP (Hyperliquid's market maker vault), and retail.

Smart Money Delta tracks the net buying/selling from whale wallets specifically. When whales are accumulating while retail is selling, it often signals a bottom. When whales are distributing while retail buys the top, a reversal may be near.

The HLP component is also informative — HLP acts as the primary market maker on Hyperliquid, absorbing order flow. When HLP is heavily absorbing one side, it means there's significant directional pressure from real traders.

On Buildix, the Smart Money Chart decomposes volume in real-time. The Wallet Tracker lets you follow specific whale wallets and get hold/sell/add recommendations based on their positions.

Key Takeaways

✓Whale accumulation during retail panic = potential bottom
✓Whale distribution during retail FOMO = potential top
✓HLP absorption indicates genuine directional pressure
✓Track specific wallets at buildix.trade/wallet
✓Only possible on Hyperliquid — CEXs hide wallet data

Try it on Buildix

See Smart Money Chart + Wallet Tracker live on any Hyperliquid pair.

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