This afternoon at three o'clock, a shocking piece of news spread in the crypto world. The on-chain data chart of a well-known Token suddenly climbed to the top of Bubblemaps' trending list, attracting the attention of many investors.

When people clicked to view the details, a stunning sight appeared – an abnormally large 'monster bubble' suddenly occupied the center of the chart, its size even surpassing that of the main bubble. This phenomenon immediately alerted the market.

After a deep analysis of the data, it was found that among the top ten holding addresses, eight addresses exhibited a highly correlated state. These addresses conducted dozens of small transfers among themselves, seemingly engaging in self-circulating tokens. More notably, within the past 48 hours, these addresses performed mutual transfer operations approximately every 30 minutes. This behavior directly led to the price of the Token rapidly rising from 1.82 to 2.13, followed by a sharp decline, showcasing a typical 'pump and dump' pattern.

At first, many people thought this was just a common behavior of market makers to change positions. However, when the connection feature of Bubblemaps was activated, the situation became more complex. These addresses were surprisingly connected to several wallets commonly used for cross-chain fund operations, a pattern easily recognized by experienced on-chain analysts. In the bubble chart, large holdings stand out like watermelons, while small holdings are dense like grapes; the larger the holding, the darker the color, and the connections between them are as dense as a spider's web, presenting a vivid picture of 'on-chain money laundering'.

What’s even more surprising is that sharp-eyed investors shared screenshots in instant messaging groups half a day in advance, warning that 'the shape is abnormal, and it is recommended to withdraw.' Those who acted promptly successfully avoided risks, while those who hesitated found themselves deeply trapped. In the aftermath, the group was filled with praises for the Bubblemaps tool, which was considered the key to avoiding significant losses.

In the rapidly changing crypto assets market, analytical tools like Bubblemaps that can provide early warnings are valued even more than traditional technical indicators. By the time you check the data after significant price fluctuations, it is often too late. This event once again highlights the importance of real-time on-chain data analysis in investment decisions and reminds investors to remain vigilant and effectively use tools to protect their asset security.