Illustrated threads about market capitalization, liquidity and wallet research, with concrete examples you can follow back to the underlying tools and transactions.
Why read Cyclop?
Read Cyclop’s liquidity thread when you want to understand why market capitalization and executable liquidity answer different questions. He begins with supply and FDV, then moves to liquidity and token flows. The useful distinction is that a headline valuation does not tell you how much can be bought or sold at a quoted price; the post’s numerical scenarios are simplified illustrations.
His historical wallet-analysis thread shows a different reading route: begin with a market narrative, inspect an address using Zerion and Bubblemaps, and work through the trades he selected. It is useful as an example of what an onchain commentator chooses to investigate. The return figures are the author’s claims, and the address examined in that thread belongs to the case study, rather than being presented as Cyclop’s wallet.
Start with the original
Selected work
Explainer thread ·
Market capitalization, FDV and liquidity
Follow the progression from circulating supply to trading liquidity. The numerical examples illustrate the distinction and should not be used as an execution calculator.
Onchain research thread ·
A historical wallet-research case study
A dated example of tracing a selected wallet with Zerion and Bubblemaps. Focus on the research steps; the reported gains are not independently established by this profile.
Onchain
Linked wallets
- Solana
6TkTCyQTqvTqAHLzghbFByNZFp8dxXnQ2trjE1QoHmUiOpen in explorer