Recently launched on-chain analysis tool for SOLANA @bubblemaps | How to better explore potential risks?

Bubblemaps uses unique colored bubbles to make on-chain data easy to understand, allowing for better investigation of wallets, revealing connections, and penetrating blockchain records.

You can see how they work through this article:

Discuss how insiders of $COOL earn 2 million USD and still hold 80% of the total supply:

1️⃣ $COOL is one of the hottest projects recently launched on @Solana, with a trading volume of 70 million USD on the first day. Since then, the price has dropped by over 90%.

2️⃣ @LookOnChain found that the market involves 3 main addresses and over 260 wallets selling related tokens; https://x.com/lookonchain/status/1784781035215208717

3️⃣ Bubblemaps revealed 3 major clusters centered around 3 main wallets; these central wallets exhibit the same pattern: they grabbed 28% of the supply at launch and are dispersed across over 80 wallets. This indicates that these wallets are owned by the same person/group.

Detailed query process: https://x.com/bubblemaps/status/1786448726971535408

The benefit of Bubblemaps is that it allows you to quickly see these potentially malicious behaviors, making it easier to avoid these potential risks.

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