Bitget Wallet Unveils AI Tool to Spot Crypto “Whales”

Bitget
Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new
“Smart Money” feature powered by artificial intelligence. This tool
tracks over 6,000 high-performing crypto addresses on networks like Ethereum to
identify potential trading signals and market trends.

The
cryptocurrency exchange Bitget’s wallet also summarized 2023, during
which it underwent rebranding, and its global user count exceeded 12 million.

The Smart
Money feature provides traders with real-time data on the activities of
historically successful crypto traders and investors, referred to as
“whales.” This includes info on the assets being traded, transaction
volumes and prices, number of holding addresses, and more.

According
to Bitget Wallet’s COO, Alvin Kan, the goal is to “empower users to
preemptively discern market trends, promptly uncover investment opportunities,
and consequently bridge the gap between ordinary investors and Smart
Money.”

The wallet
plans to expand the feature to additional blockchains, such as BNB Chain,
Solana, Polygon, and Avalanche. Bitget Swap, the wallet’s built-in DEX
aggregator, already supports trading on nearly 30 networks.

Kan
highlighted the importance of intelligent market data for discovering new
assets and trends early. He stated the wallet aims to provide users with
“a rich selection of on-chain assets and robust on-chain trading services,
enabling them to seize these new opportunities.”

Bitget Wallet’s 2023 in
Recap

Bitget
acquired a controlling stake in the wallet, formerly known as BitKeep, for $30
million in March 2023. The rebrand to Bitget Wallet took place in August as
part of a broader integration with the Bitget crypto derivatives exchange
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
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