the on-chain data analysis firm Bubblemaps posted on social media, indicating that it had monitored a single entity profiting $4 million from the AVNT airdrop. This witch behavior was clearly coordinated, dispersed across over 300 addresses, with obvious witch characteristics including: · Obtaining initial funds through Coinbase · Receiving USDC from a few senders · Exchanging operations on Avantis · Claiming airdrop rewards · Consolidating tokens to a few addresses · Simultaneously transferring funds to centralized exchanges like Bybit/Gate Bubblemaps stated that similar to the MYX incident, these wallets were all in a dormant state before the AVNT airdrop, with funding injection and claiming patterns highly matching, indicating obvious coordinated manipulation.
