中文版本：
<aside> 🏄 Whale Hunter data is designed for observing which token have abnormal changes in open interest or trading volume activities. ‼️ Risk warning: any data/indicator has its advantages, disadvantages, and limitations. Please make sure to understand them carefully, crypto trading contains substantial risk and is not for every investor. DYOR.
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Whale Hunter Overview- 24h By OI Changes
Whale Hunter (WH) is data that standardizes the changes (increase - decrease) in the perps market open interest/volume of the token. The primary purpose is to detect potential whale (large order execution or large trading volume) trading behavior based on changes in open interest or trading volume. For example, if based on changes in open interest, the larger the positive/negative WH data value, the more the open interest increases/decreases, indicating a high likelihood of whale trading behavior. Conversely, the smaller the WH data value (closer to 0), the less significant the whale trading behavior is.
Whale Hunter data allows users to choose the statistical data time range (1 hour to 7 days) and data type. On the overview page, the larger the grid (the larger the WH value), the more the open interest has increased over a period of time. The Whale Hunter Overview sorts the tokens with high WH value from top left to bottom right, and the color indicates the price change magnitude (green for price up, red for price down).
Whale Hunter is suitable for uncovering tokens where potential whales might be bullish and quickly filtering out tokens with more active trading activity (market momentum).
💡 If under bull market, generally, a higher Whale Hunter value (appearing in the overview) might indicate whales entering long positions, but exist some exceptions. Whale Hunter values, whether positive or negative, reflect increases/decreases in open interest/volume, it do not directly indicate long or short direction. The potential trading direction of the whales can be confirmed with the comprehensive analysis with other Blave data.
User can overview top WH ranking tokens and explore trading opportunities under WH history.
🙋🏻♂️ Here are some examples:
BTC-24h-By OI Changes 1h Whale Hunter History
Users can choose the statistical data period (Red Box 1) and data type (Red Box 2) according to their needs, and they can also switch the chart interval (Red Box 3). As the example above, the Whale Hunter history is displayed based on changes in BTC's open interest over the past 24 hours, where green bars represent an increase in BTC's overall open interest (more positions opened), and red bars represent a decrease in BTC's overall open interest (more positions closed) during that period.
According to the data characteristics, Whale Hunter can be well used with other Blave data for more detailed analysis. For example, it can be viewed with Holder Concentration together to analyze whether whales are going long or short. If Whale Hunter shows a large increase in open interest and HC are concentrating towards the long side, it might indicate that whales are going long. Whale Hunter can also be utilized with Take Intensity to observe liquidation events. If the price drops, a decrease in Whale Hunter's open interest, combined with the appearance of short-intensity, might indicate that long traders are being liquidated.
Whale Hunter Overview- 24h By OI Changes
The Whale Hunter Overview allows for a quick understanding of which tokens currently have significant increases in open interest. A substantial increase in open interest might indicate significant whale activity or a promising market trend. There are generally two ways to use Whale Hunter Overview’s tokens and add to the watchlist: