Many people fear the inability to see the flow of funds when trading cryptocurrencies. On the surface, a certain token community may seem extremely popular, but in reality, it could just be a few large holders controlling the market. The emergence of Bubblemaps is like providing everyone with a pair of glasses to see through the complexities of wallet relationships.
It transforms on-chain data into colorful bubbles, each representing a wallet, with the size of the bubble indicating how much is held, while the lines between the bubbles display their transfer relationships. This means you don’t have to sift through tedious blockchain browser data; you can instantly see whether a token is being manipulated by major players.
For example, if the top 100 holders of a token are highly correlated, or if they frequently transfer funds between each other, you should be cautious; it is likely that the team is manipulating the market. Conversely, if the bubbles are dispersed and the holder demographic is diverse, it indicates a healthier situation that aligns with the spirit of decentralization.
Moreover, Bubblemaps not only helps retail investors avoid pitfalls but is also valuable for project teams. They can use it to demonstrate transparency to the community, proving that they are not engaging in shady practices. For investment institutions, it serves as a risk control tool, helping to quickly assess a project's risk.
The blockchain world is not lacking in data; what it lacks are tools that make it understandable. Bubblemaps uses the most intuitive visualization method to simplify the originally complex financial network, making it as easy to understand as a social graph. This may be what makes it truly compelling.
