@Bubblemaps.io $BMT & Notable Market Manipulation Incidents
In the cryptocurrency market, analyzing on-chain data is increasingly important for investors to identify risks and avoid falling into the traps of 'whales'. Bubblemaps is a blockchain data visualization tool that helps users easily detect hidden connections between wallets, thereby identifying potential market manipulation.
What is Bubblemaps
#Bubblemaps displays wallets and the amount of tokens held in the form of bubbles, with size corresponding to the number of tokens and color or connecting lines representing transaction relationships. This display method helps users quickly detect wallet groups with unusual behavior — such as holding a large portion of the supply or frequently trading back and forth.
How Bubblemaps detects market manipulation
Centralized allocation: When a small number of wallets hold the majority of the token supply, the price can be easily manipulated.
Circular trading: Wallets in the same group continuously buy and sell among themselves to create fake trading volume.
Mass sell-off: When a large group of wallets simultaneously dump tokens, the price can drop sharply, causing losses for retail investors.
Notable incidents
Feg Token (FEG) – Bubblemaps shows that some wallets associated with the development team hold a large portion of the supply and show signs of selling when the price pumps significantly.
Saitama Inu – This tool detects large wallet groups holding more than 50% of the supply, raising concerns about potential manipulation.
Squid Game Token – Bubblemaps data reflects an unusual token distribution structure before the shocking 'rug pull' incident occurred.
Significance for investors
Bubblemaps is not only a monitoring tool but also serves as an early warning system. By visualizing data, investors can identify risks early on, before getting caught up in pump and dump schemes. In the context of the crypto market still lacking strict regulations, using analytical tools like Bubblemaps will help mitigate risks and enhance the ability to protect assets.
@Bubblemaps.io #Bubblemaps #BMT
