🐮 What is #Bubblemaps ?
I realized I haven't clearly explained the most basic concepts! Posting these articles can also be a way to learn!
In a nutshell:
#Bubblemaps creates a colorful bubble chart showing 'who holds how much coin and whether there are financial relationships between them.' Large bubbles = large holdings; the lines between bubbles = on-chain transfers. You can see whether the distribution is concentrated or if there are suspicious clusters of 'people transferring to each other.' This is the core of its 'Supply Auditing.'
How should newcomers to the crypto space, like me, interpret that chart?
🧐 Top 1–250 large holders will be represented as bubbles, with larger bubbles indicating larger holdings.
🧐 The lines between bubbles indicate on-chain transfers between them.
🧐 A tightly connected group of large bubbles = possible related addresses / controlled by the same entity, worth increasing vigilance.
Two key tools in V2 (to help you find 'hidden relationships' and 'early distributions'):
🚀 Magic Nodes: Automatically adds key addresses that are not in the Top 250 but are responsible for 'connecting many large wallets' to the map, used to reveal 'hidden links.'
🚀 Time Travel: Allows you to 'rewind' the map to any date (e.g., the day of issuance) to see how the historical distribution evolved, commonly used to check for early insider concentration or joint accumulation. (Note: this is very useful!)