Application @Bubblemaps.io $BMT in detecting whales and related wallets
@Bubblemaps.io is a blockchain data visualization tool that helps users easily identify wallet clusters and their relationships. The highlight of Bubblemaps lies in its ability to turn complex on-chain data into visual 'bubbles', thus helping to detect 'whales' (wallets holding a very large number of tokens) and related wallets.
Whale Detection
In the cryptocurrency market, whales often have a strong influence on token prices. Bubblemaps allows users to track whale wallets through bubble size - the larger the bubble, the more tokens it holds. This way, investors can quickly identify addresses controlling a large portion of the supply, thus assessing the risk of potential sell-offs or price manipulation.
Identify related wallets
Bubblemaps not only identifies whales but also clarifies the relationships between wallets. If a group of wallets has many unusual transactions with each other, they will be connected by link lines. This helps to detect 'whale groups' or wallets controlled by the same organization/individual, even if they appear to be many independent wallets on the surface.
Significance for investors
With @Bubblemaps.io $BMT , traders have an additional powerful on-chain analysis tool to:
Evaluate the level of token concentration.
Detect abnormal behaviors.
Increase transparency in investment decision-making.
Thanks to its intuitiveness and ease of use, Bubblemaps is gradually becoming an important assistant in blockchain analysis strategy.
@Bubblemaps.io #Bubblemaps #BMT
