So I am connecting to Binance Smart Chain RPC websocket from Moralis.io. And trying to listen to wallet amount changes of a certain wallet address.

What I want to do is, I want to trigger a event whenever there is a transfer from or to this wallet address. I understand how to do it with BEP20 tokens but I require a solution to monitor the wallet address for BNB transfers.

The code that I put together:

const web3 = new Web3(new Web3.providers.WebsocketProvider('URI'))

let options = {
address: '0xe....'
}

const subscribe = web3.eth.subscribe('logs', options, (err, res) => {})

subscribe.on('data', (txLog) => console.log(txLog))

This doesn't work when I send a certain amount of BNB to this account.

I went through the documentation of web3js but couldn't figure out.

I found a longer way around for this problem where someone suggests to listen to all pending transactions and try to get the transaction data of each of these transactions and evaluate if any of these are from or to the wallet address. But I think it is an extremely ineffective and inefficient way to do it as it requires someone to run their own node to do it in a meaningful way.

Please guide me through this. Thanks