14 𝗱𝗮𝘆𝘀 𝗼𝗳 𝗕𝘂𝗯𝗯𝗹𝗲𝗺𝗮𝗽 $𝗕𝗠𝗧 𝗧𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗗𝗲𝘁𝗲𝗰𝘁𝗶𝘃𝗲
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Alright, Day 3 . Let's get our hands dirty.
Walking into a new city without a map is a recipe for getting lost. But what’s even more frustrating is having a map where you don't understand the symbols. Yesterday, we established that Bubblemaps is the relationship map for crypto. Today, we learn the legend.
Reading a Bubblemap is less about complex data science and more about recognizing simple patterns.
❍ Decoding the Visuals: Bubbles and Connections
Think of a Bubblemap as a bird's-eye view of a large social gathering. It's really that intuitive.
🔸The Bubbles = The Wallets: Each bubble on the map is a wallet holding the token.
🔸The Size of the Bubble = The Size of the Holding: This one's easy. A bigger bubble means that wallet holds more tokens. Your whale wallets will be the giant bubbles you can't miss.
🔸The Lines = The Transactions: The lines connecting the bubbles show that tokens have been transferred between those wallets. This is how we establish relationships.
❍ The Most Important Part: The Clusters
Now, here's the magic. When you see a group of bubbles tightly packed together with lots of connecting lines, you've found a cluster.
In our party analogy, a cluster is a tight-knit clique. It's a group of "people" (wallets) that are clearly connected and interacting far more with each other than with the general crowd. This often means they are controlled by a single person or entity.
So, when you look at a token's Bubblemap, you're not just looking for the biggest bubbles. You're looking for the biggest, most interconnected clusters. That’s where the real story of ownership and potential manipulation lies.
Tomorrow, we'll take this knowledge and look at how to spot the specific red flags that scream "danger."
