Bubblemaps (bubblemaps.io) is a blockchain analytics tool that visualizes token holder distribution as an interactive graph of connected bubbles. Each bubble represents a wallet; its size represents the percentage of supply held; connections between bubbles represent on-chain interactions (transfers, shared funding sources). The visual format makes it immediately apparent whether a token's supply is distributed broadly or concentrated in connected clusters — a key signal for assessing rug pull and manipulation risk.
What to look for
- Cluster size — a single connected cluster holding 20%+ of supply is a major red flag
- Bundle detection — wallets that received tokens in the first block of a launch appear clustered together
- Developer wallet identification — wallets that funded multiple other token holder wallets often indicate developer control
- Distribution quality — a healthy token shows many small, unconnected bubbles; a manipulated token shows dense clusters
Bubblemaps in the due diligence workflow
Checking Bubblemaps before entering a new token has become standard practice for experienced trench traders. It takes under a minute to paste a contract address and scan the visualization for obvious red flags. While Bubblemaps doesn't guarantee safety (sophisticated actors can obfuscate wallet connections), it catches the majority of amateur-to-intermediate manipulation setups.