Huang Licheng criticizes Lookonchain after Taiwan TV airs his 10 liquidations in eight hours

The on-chain analytics account, followed by about 700,000 users, is known for tracking whale wallets and smart-money trading activity in real time.

Summary

Huang Licheng criticized on-chain analytics account @lookonchain after it tracked and disclosed his record of 10 liquidations in eight hours, a report that was later aired by Taiwan TV news outlet iNEWS. The episode highlights the visibility of blockchain-based trading activity, where analytics accounts often monitor whale wallets (large crypto holdings) and smart-money trading activity using public on-chain data. The source says @lookonchain has about 700,000 followers and is known for real-time tracking of whale wallets and smart-money trading activity.

Terms & Concepts
  • on-chain analytics: Analysis of public blockchain transaction data.
  • liquidations: Forced closing of positions after losses or insufficient collateral.
  • whale wallets: Crypto addresses holding very large amounts.