An alpha leak, commonly shortened as “alpha”, refers to insider information regarding a blockchain or web3 project, whether it be in NFTs, DeFi, or other sectors. Gaining alpha information is sought after by many crypto enthusiasts and investors because it gives them an edge in the market, allowing them to make better-informed decisions.
Alpha is shared on private Discord and Telegram groups, but some influencers claim to share alpha on Twitter.
E.g. “I got some alpha for you guys. I just discovered this new NFT project that is currently in stealth mode, but I have confirmed that they are backed by the largest whales across Ethereum. You should work on getting a whitelist as early as now.”