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Bubblemaps: A single entity siphoned off 4 million USD in AVNT Airdrop through over 300 addresses.
According to Wu, it has been reported by Bubblemaps that an entity coordinated a Sybil attack through over 300 addresses to siphon approximately 4 million USD from the AVNT airdrop. This witching behavior was clearly orchestrated, conducted across more than 300 addresses, with obvious witch characteristics including: obtaining initial funding via Coinbase; receiving USDC from a small number of senders; performing exchange operations on Avantis; claiming airdrop rewards; pooling tokens to at least a few addresses; and simultaneously transferring funds to centralized trading platforms like Bybit/Gate. Bubblemaps indicated that, similar to the MYX incident, these wallets were all dormant before the AVNT airdrop, with the funding injection and claiming patterns being highly consistent, indicating clear coordinated manipulation.