Is Tracking Whale Activity in Memecoins a Reliable Signal?

I’ve been experimenting with the idea of tracking whale activity lately—basically, watching what the big wallets are buying and selling in real-time to see if it provides any edge in catching early momentum or identifying potential trends. It’s a pretty fascinating strategy when you think about it because large transactions can drive major price moves, especially in memecoins. I’ve noticed a few times where big buys from whales seemed to trigger price upticks shortly after.

For a couple of recent trades, keeping tabs on large wallet moves has actually been helpful, letting me catch onto a few coins early that ended up spiking. There’s still some luck involved, obviously, but I feel like it might help in getting a better sense of what’s about to gain traction or what whales are dumping.

Does anyone else here use whale tracking as part of their strategy? I’ve been following along with Whale Watcher, but I’m curious if others are seeing success with this approach, whether with AssetDash or other tools.