Detecting When Smart Money Stops Being Smart

Following a profitable wallet is easy. Knowing when to unfollow it is where the money is. I learned this the hard way. Not in crypto, but in forex. Years ago I built trading systems that scraped signals from profitable traders and mirrored their positions. It worked until it didn't. The problem was never finding good traders to follow. The problem was staying too long after they stopped performing. The same pattern repeats in on-chain copy trading. Someone finds a wallet with a 70% win rate, follows every move, and six weeks later wonders why they're bleeding. The wallet didn't get hacked. The market shifted and the strategy stopped working. Nobody talks about this part. The decay problem Every trading strategy has a shelf life. A wallet that's profitable today is running a strategy tuned to current market conditions. When conditions change, the strategy breaks. Sometimes gradually, sometimes overnight. In forex I watched this happen in real time. A signal provider would post a 40% ret