How can smart money earn 1,000 times the profit on GOAT? Trading strategy plus luck to catch the golden dog

Author: Frank, PANews

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, 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 focused on the time period in which these smart money bought? What is the daily buying operation strategy? How long is the holding time? When to sell the principal and other aspects.

By analyzing several other transactions of 2PYWK 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 directly returned to zero after buying, and finally caused a complete loss. GOAT should be an unintentional successful attempt. The user's funds initially seemed to come from Binance.

Let's analyze the logic of this user's success. First of all, he has 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, his holding time was greatly increased. He held 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 were sold, which was about 20 times the principal. Later, he sold the tokens in batches of 100,000. According to PANews's estimate, his initial holdings could reach $4.3 million by October 17 if he had not sold them, with a maximum multiple of 5,678 times.

HdxkiX: Grabbing the opening + heavy buying, suspected to be a robot

HdxkiXqeN6qpK2YbG51W23QSWj3Yygc1eEk2zwmKJExp (hereinafter referred to as "HdxkiX"), this address bought earlier, but its cost price was about 3 times higher than 2PYWK. The reason is that when HdxkiX bought, GOAT was in the process of rising, rising 5 times in just 5 minutes. HdxkiX's purchase may have been attracted by this rise. Then the price of GOAT plummeted, quickly falling by about 90%.

And from the perspective of buying operations, HdxkiX likes to buy heavily, buying nearly $5,000 in 1 minute, and then covering his position with another $1,500 5 minutes later. In the process of rising prices, HdxkiX should also be one of the important contributors.

Then when the price rose by about 30 times from the cost, HdxkiX began to sell, selling the principal in two transactions. The holding time was about 4 hours. He continued to sell, and as of October 17, there was still about $460,000 worth of GOAT left in his account. If he held the amount he initially bought until the end, he could make 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, mainly focusing 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 then gradually ship the other profits.

8vChPg: Super big account, heavy purchase of 1.77 million US dollars when the market value was 170 million US dollars

8vChPgJiQUZfq4SeHhLA6ExSwFbSEaWU7krbwcWRpXSw address (hereinafter referred to as "8vChPg"), this address is obviously operated by a super big account. 8vChPg is a new address. After it was created on October 14, it continuously withdrew about 1.77 million US dollars from Kraken Exchange and bought all of GOAT. Calculated from the cost, 8vChPg's average cost 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 8vChPg 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 account.

4kiK6: MEME short-term swing player bought in before the rise

4kiK6miT9452acv3R2NvxMyqM3dPNkNopwFMEGJL1pnn address (hereinafter referred to as "4kiK6"), 4kiK6 seems to be a professional MEME coin swing 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 buying GOAT, the price of GOAT was fortunately pulled up dozens of times in a short time. Therefore, 4kiK6 does not need to clear the position, 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, CMDar's 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. At this time, it generally takes a certain amount of courage to enter the market, and CMDar's 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 encountering a sharp drop

4Jpef1sPVwFaQmWhDVaoHcY66nmSmbLd2fXgVW59wJqL (hereinafter referred to as "4Jpef1"), the user of this address seems to be another big player of MEME. When GOAT was created about 6 hours ago, 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 just 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 panicked. 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 about 15 million GOAT in the early stage, and currently holds 13 million GOAT, worth about 4.79 million US dollars, with a floating profit of at least 5 million US dollars.

According to PANews analysis, judging from the operation style of other tokens, 4Jpef1 also likes to capture tokens that have just been listed on Raydium. Then he quickly sold the principal after the token rose, and continued to keep the remaining holdings. 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.

To summarize the smart money operations 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, from the trading operations of these smart money, the earlier the trader buys, the less he usually invests each time, which is a test of hand speed and quick analysis ability. Some big players will choose to enter the market when the market value of the token grows to millions of dollars or even hundreds of millions of dollars, and rarely operate after buying.

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

However, for ordinary users with small capital, 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.