A single entity makes $4 million in AVNT airdrops through more than 300 addresses

According to BlockBeats, on September 16, on-chain data analysis agency Bubblemaps posted on social media that it monitored a single entity to make $4 million in profits from AVNT airdrops. The witch behavior was obviously planned in collaboratively and scattered 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 tokens to at least number of addresses · Simultaneously transfer funds to centralized trading platforms such as Bybit/Gate , Bubblemaps said that similar to the MYX incident, these wallets were dormant before AVNT airdrops , and the funds injection is highly consistent with the application model , and there is obvious collaborative manipulation .