How do I activate whale tracking in MagicTradeBot?

To start using the Hyperliquid Whale Tracker, you must enable the appropriate trading mode and configure the necessary settings for wallet tracking and signal handling.

🔹 Step 1: Set Trading Mode

  1. Open your General settings in MagicTradeBot.
  2. Set the TradingMode to:
TradingMode: hyperliquid-whale-copytrading

⚠️ Note: Once this mode is enabled, the bot will no longer run normal manual trading, auto-trading, or Market Watch strategies.

🔹 Step 2: Configure Whale Wallets

  • Add the Hyperliquid wallet addresses you want to track under tracking_addresses:
tracking_addresses:
  - "0x2ea18c23f72a4b6172c55b411823cdc5335923f4"
  - "0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae"
  • Only track verified, historically profitable whales
  • Avoid adding too many wallets to reduce signal noise

🔹 Step 3: Set Signal & Execution Preferences

  1. Automated vs. Signal-Only
place_order: false  # false → signal-only, true → fully automated copy-trading

  • Start with signal-only mode to observe whale behavior safely before executing trades automatically

  • Broadcasting Signals

broadcast_signals: true  # sends signals to UI, Telegram, or logs
  1. Limit Exposure per Whale
max_orders_per_whale: 1  # maximum active orders per tracked whale

🔹 Step 4: Start Tracking

  • After saving your configuration, MagicTradeBot will:

    • Monitor the listed whale wallets in real time
    • Generate signals or automated trades according to your settings
    • Stop normal trading modes while Whale Tracker is active

✅ Key Takeaways

  • TradingMode must be set to "hyperliquid-whale-copytrading"
  • Configure tracking addresses carefully — quality over quantity
  • Choose signal-only mode initially to assess whale activity safely
  • Normal Market Watch or manual trading will pause while whale tracking is active

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