Glossary
Bubblemaps
Bubblemaps is a holder-map tool: it draws a token’s largest holders as bubbles sized by their balance and links wallets that have sent funds to each other. Linked groups show up as clusters, which traders read as wallets that may be controlled by the same person or team.
A holder map shows two things: how concentrated a token’s supply is, and which large holders are connected by transfers. Both are read from public chain data, and both are visible to anyone.
On Solana and BNB Chain, a Block-0 launch can be funded through the CEX route, where each launch wallet’s first deposit comes from an exchange rather than your own funding wallet, or spread over a funding window. Funded that way, your and your team’s positions are not one obvious cluster on holder-map tools such as Bubblemaps. Instant direct funding and Reserve launches fund from your own funding wallet.
The balances themselves are still public: a bundled launch puts a large share of supply in the creator’s wallets, and buyers can see the holders. How the funding stage works.
How to read one. A bubble’s size is the wallet’s balance, and a line is a transfer between two wallets. A cluster shows wallets that are connected by transfers. It does not prove that one person owns them: exchanges, liquidity pools and shared funding sources link many unrelated wallets.
Bubblemaps and similar tools only read public chain data. They do not see anything a block explorer cannot.
Questions
Does a cluster prove one owner?
No. It shows that wallets are connected by transfers. Exchanges and shared funding sources can link wallets that have nothing to do with each other.
Can a bundled launch appear as a cluster?
Whether the wallets look connected depends on how they were funded. On Solana and BNB Chain, a Block-0 launch can be funded through the CEX route, where each launch wallet’s first deposit comes from an exchange rather than your own funding wallet, or spread over a funding window. Funded that way, your and your team’s positions are not one obvious cluster on holder-map tools such as Bubblemaps. Instant direct funding and Reserve launches fund from your own funding wallet.
Is Bubblemaps part of Ballistic?
No. Bubblemaps is an independent holder-map tool.