Bubblemaps is an innovative tool that transforms complex and convoluted blockchain data into intuitive visualizations. Instead of analyzing long lists of wallet addresses and transactions, Bubblemaps displays token distribution in the form of interactive bubbles. Each bubble represents a wallet or a cluster of related wallets, and its size depends on the number of tokens it contains. This allows you to instantly see who the largest holders are and how tokens are distributed across the network.
How does it work?
The main idea of Bubblemaps is to visualize connections. Usually, when analyzing blockchain data, we only see individual addresses, but Bubblemaps goes further. It automatically identifies groups of wallets that likely belong to one person or organization. This process is called clustering and is a key advantage of the tool. Bubblemaps detects these connections by analyzing shared transactions, movement of funds between wallets, and other behavioral patterns. This allows distinguishing a truly decentralized project from one where a large portion of tokens is controlled by a few related addresses.
Key features of Bubblemaps
Wallet clustering: Bubblemaps visualizes not only individual wallets but also groups of related wallets. Each cluster is shown as one large bubble, inside which are smaller bubbles representing individual wallets. This gives a clear picture of how token ownership is distributed. If you see a large bubble made up of many small ones, it may indicate that one organization or group controls a significant portion of the assets.
Time Travel: As mentioned, this feature allows you to 'rewind' the timeline to see token distribution on any date in the past. This is extremely useful for analyzing what preceded significant events such as price changes, listings on exchanges, or important announcements.
Detection of 'whales' and insiders: Through visualization, Bubblemaps allows easy identification of so-called 'whales' — large token holders. Moreover, the tool helps detect whether these 'whales' are insiders by analyzing whether their wallets are part of clusters linked to the development team or market makers.
Flow chart: Bubblemaps shows how tokens move between bubbles, allowing tracking of cash flows. This helps understand whether large holders are selling their tokens or, conversely, buying them, providing important insights into their intentions.
Who needs Bubblemaps?
Bubblemaps is an important tool for:
Crypto investors: For conducting proper due diligence before investing.
Analysts: For analyzing market behavior and forecasting trends.
Journalists: For detecting potential manipulations and fraudulent schemes.
Project teams: For analyzing the distribution of their tokens and engaging with the community.
Thus, Bubblemaps is not just a visualization tool, but a powerful mechanism for decentralized, transparent analysis that helps everyone gain a deep understanding of what is happening in the network.
