Open the Wallets List and hide the Meteora Pool address to reveal the green 82% cluster!
Click on the cluster's bubbles to inspect the addresses involved!
Select a wallet then Show Transfers to see how much ETH was sent back and forth!
Click on a bubble to check the delegation!
Check the historical data to follow the founder’s wallets overtime!
Case Studies
Learn how to use Bubblemaps when reading on‑chain data.
A clear vision for better decisions.
LIBRA
A One-Sided Liquidity Exit
LIBRA launched as yet another presidential meme coin, backed by Javier Milei, but beneath the hype, the reality was clear—82% of the supply was held in a single cluster, fully unlocked and ready to be sold at any time. We warned about this concentration before any sales began, but the risks were ignored.
Instead of selling directly on the market, the team used a more subtle approach. They added one-sided LPs on Meteora with only LIBRA while quietly removing USDC and SOL. This allowed them to absorb buy pressure and cash out without triggering immediate panic. They’ve made more than $107 million, fueling doubts within the Solana ecosystem
HAWK
A Pre-Sale Dump Waiting to Happen
HAWK, the meme coin launched by Hailey Welch, is a prime example of what’s wrong with celebrities in crypto. The team held 80% of the supply, while another 16% was secretly unlocked for a presale. The bubble map exposed this concentration, making it clear something was off.
A significant portion of presale participants wasted no time cashing out. The sell pressure was overwhelming, far exceeding what the market could absorb. Hailey’s reputation took a major hit, and she has since expressed regret for getting involved in something she didn’t understand.
HAWK
A Pre-Sale Dump Waiting to Happen
HAWK, the meme coin launched by Hailey Welch, is a prime example of what’s wrong with celebrities in crypto. The team held 80% of the supply, while another 16% was secretly unlocked for a presale. The bubble map exposed this concentration, making it clear something was off.
A significant portion of presale participants wasted no time cashing out. The sell pressure was overwhelming, far exceeding what the market could absorb. Hailey’s reputation took a major hit, and she has since expressed regret for getting involved in something she didn’t understand.
Uniswap
The Illusion of Democracy
The Uniswap Protocol operates using the governance token UNI. UNI holders have the ability to vote on future development proposals for the protocol.
We have identified that Andreessen Horowitz (a16z), a large private investor, owns a significant portion of the supply through 11 connected wallets. Because they hold more than 4%, which is known as the Uniswap quorum, they could pass proposals on their own. This raises concerns about a shift from democracy to oligarchy!
Shib
The Hidden Founder of Shiba Inu
Shiba Inu has become the largest meme coin in the cryptocurrency industry, with a market cap in the billions.
A group of interconnected wallets, which collectively hold over 10% of the coin's supply, has been identified. In 2020, one of these wallets purchased SHIB tokens worth 10k, representing 10% of the total supply. Later, the owner of this wallet decided to split the holdings into this cluster for increased security and anonymity. These wallets are likely owned by the founder of SHIB.
Shib
The Hidden Founder of Shiba Inu
Shiba Inu has become the largest meme coin in the cryptocurrency industry, with a market cap in the billions.
A group of interconnected wallets, which collectively hold over 10% of the coin's supply, has been identified. In 2020, one of these wallets purchased SHIB tokens worth 10k, representing 10% of the total supply. Later, the owner of this wallet decided to split the holdings into this cluster for increased security and anonymity. These wallets are likely owned by the founder of SHIB.
Squiggles
How a notorious NFT collection used wash trading to inflate the trading volume and floor price
Squiggles is an NFT collection on Ethereum. On February 10 2021, the blockchain detective CoffeeZilla reported that Squiggles was using shadow wallets to virtually increase the trading volume.
Using Bubblemaps, we can see that 3 central wallets are circulating ETH to 25 wallets. This pattern is a typical sign of wash trading, where an investor simultaneously sells and buys an asset to create hype around the project.
