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A single entity earns $4 million in AVNT airdrops from over 300 addresses

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2025-09-16 01:34:38
Bubblemaps, an on-chain data analytics agency, posted on social media that it detected a single entity making $4 million from the AVNT airdrop. The witch behavior was obviously coordinated and planned, and it was carried out in more than 300 addresses. The obvious witch characteristics include: · Obtain initial funds through Coinbase · Receive USDC from a small number of senders · Conduct exchange operations on Avantis · Apply for airdrop rewards · Collect at least a few addresses of tokens · Simultaneously transfer funds to centralized trading platforms such as Bybit/Gate. Bubblemaps said that similar to the MYX incident, these wallets were dormant before the AVNT airdrop, and the capital injection was highly consistent with the application pattern. Obviously there is Collaborative manipulation.
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