InsightX Bubblemap

A bubblemap is a visual representation that helps illustrate transactions between addresses. Bubblemaps make it easier to trace the path of transactions, showing where funds originated and where they ended up, making them the most useful tool for tracking transactions and understanding the relationships between addresses.

Visual Representation:

• Bubbles: Each bubble represents a wallet or an address. The size of the bubble can correspond to the amount of cryptocurrency held or transacted by that address.

• Connections: Lines or arcs between bubbles indicate transactions. These connections show how cryptocurrency moves from one address to another.

Transaction Tracking:

• Bubblemaps make it easier to trace the path of transactions, showing where funds originated and where they ended up. This is particularly useful in the transaction flow or suspicious activity.

Clustering and Grouping:

• Addresses that interact frequently or belong to a common entity may be grouped together. This helps in identifying clusters of activity that might signify exchanges, large holders, or coordinated movements.

Transparency and Analysis:

• By visualizing the distribution and movement of cryptocurrencies, Bubblemaps helps with transparency and can aid in analysis. They can be used to detect patterns such as wash trading, large sell-offs, or accumulation by large holders (whales).

Example Use Case

Imagine a new token is launched, and the development team wants to show how the tokens are being distributed among the community. A bubblemap can be created to display all the addresses that received tokens, the size of each holding, and how they are interconnected. If a large number of tokens are concentrated in a few addresses, it might raise questions about centralization and potential market manipulation. Conversely, a wide distribution might indicate a healthy and engaged community.