To truly understand the NFT market, it's important to identify which holders have made the most profits through trading collections. These are individuals who have the ability to spot opportunities before anyone else, and we can gain valuable insights from them about the market.

One potential strategy to identify NFT whale addresses that have achieved significant returns is to start by navigating the trending NFTs.

You may ask, how can the holders of these trending NFTs identify the opportunity and get in early? By using analytics and selecting the leaderboard, we can see the profit rankings of the holders.

Clicking on their portfolio page can provide insights into their investment strategy and potentially help identify other NFTs that may have similar potential. For example, in one holder's portfolio, we can see that most of the collections they own are milady makers, and the cumulative gains are on the rise even in a bear market. By adding these addresses to our watchlist, we can stay informed of their activities and potentially discover other opportunities.

When examining the top wallet addresses for specific holders, it's important to monitor their activities closely. If the project owners are one of the top holders, we need to be notified immediately if they start to sell a large number of NFTs in the collection. Similarly, if someone owns more than 5% of the collection assets, we should be aware of their trades and trace their activities.

When searching for hidden alpha, it's important to notice the addresses that only flip one or two collections or are the vaults of the main addresses. The latter means that the address is only used to sell collections. Once the main account has bought any collections, they will be transferred to the vaults immediately. It's also important to be aware of the addresses that are involved in wash trading.

Another channel to explore is following blue-chip holders and Twitter influencers. By tracing whales and top profit makers, we can potentially discover new opportunities and gain valuable insights into the market.

In conclusion, by closely monitoring the activities of top NFT holders, we can gain valuable insights into the market and potentially identify new opportunities. By using analytics and staying informed, we can stay ahead of the curve and become better NFT traders and researchers.