Tools you can use in the CRV Short
Mango hacker’s CRV short was a bad play for the hacker while everyone protected CRV had a nice victory on 23rd Nov. CRV rapidly dumped to $0.4 and finally bounced back to $0.72 that day, as a trader, how to find the opportunity and get profits in events like this? There are tools you can use in the CRV short.
Twitter/Discord/TG
These three platforms are the best places to notice some events like this happening on-chain.
Nansen
Nansen analyzes 240M+ labeled addresses & their activities, so you can get real-time Crypto, Defi & NFT insights.
In this case, Nansen listed the top transactions and clear token distributions showing the top wallet addresses. The label function is also great. It shows which wallets belong to the founder.
DeBank
DeBank is the Web3 portfolio tracker that supports the largest number of DeFi protocols across 40 chains.
After getting the shorter’s address, you can use DeBank to check your wallet’s holdings and a much cleaner view of your wallet’s historical transactions, you can filter transactions by chain and token.
Parsec
Parsec provides DeFi& NFT Pro Analytics.
You can use its lending UI to track addresses’ borrow position and liquidation price. You have an extremely clear view of the health ratio, and liquidation price.
Defi Protocols
In this case shorter borrowed CRV in AAVE. So you can also put the address directly into AAVE as a watch-only address.
Impersonator another thing you can do is use https://impersonator.xyz, and put in the Dapp website and the addresses to watch this address as if it’s your own.
Coinanalyze
To watch a trader’s position on Cex, you can use Coinanalyze, it shows individual funding rates and open interest on most exchanges and trading pairs, it also has a page to look at aggregate data.
0xscope
0xscope provides great data. It also has good tags for exchanges and other entities such as whales and funds. It added Cex transparency functions recently.
Chainlink
The price on Chainlink oracles is the target price for these liquidations to happen.
Aave watch
Use AAVE watch to watch the liquidation process.
https://v2.aavewatch.com/liquidations
It is very useful for your trading. As the liquidation started the price will go up again until the end of the liquidation. And when the liquidation ends, the price will go down for a short time.
Click here to download it for iOS or Android
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