BMT Series (39): The Combination of Time Travel and Magic Nodes

In the toolbox of Bubblemaps, the functions of time travel and magic nodes are powerful on their own, but when combined, they often uncover deeper on-chain secrets. Recently, while researching the distribution changes of some classic tokens, I personally experienced the charm of this combination. In simple terms, time travel allows you to revisit the early issuance of a token or a specific historical point to see the holder landscape at that time; magic nodes can automatically expand hidden intermediary addresses, revealing those that do not directly hold tokens but connect multiple wallets. Using them together is like adding a magnifying glass to historical data, capturing the subtle traces of fund movements.

Take SHIB, this old meme coin, as an example; it's the most interesting case in my research. The default bubble chart only shows the current top 250 holders, but after enabling time travel, I pulled the date back to around August 2020, the issuance date of SHIB. The scene at that time was completely different: a large number of small bubbles scattered around, representing early investors and founder-related addresses. But just looking at these is not enough; I clicked on magic nodes, and it immediately expanded several addresses that do not hold SHIB but act as intermediaries.

Going further back, by combining time travel with multi-date comparisons, I found that from issuance to the peak of the 2021 bull market, certain clusters gradually expanded through intermediary nodes, with funds jumping from one wallet to another, even transferring across chains to networks outside of Ethereum. This made me wonder if there were insiders quietly cashing out?

Of course, this kind of research requires patience; data latency can sometimes affect real-time accuracy, but the optimizations in Bubblemaps V2 make it increasingly user-friendly. In short, time travel combined with magic nodes is a golden partnership for on-chain detectives, capable of unearthing real value from history. If you want to give it a try, starting with SHIB is definitely a good choice.

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