Blockchain analysis platform Bubblemaps has identified a suspected Sybil attack involving the AVNT airdrop, where a single entity allegedly received $4 million in tokens. The operation reportedly involved over 300 addresses, with several recipients displaying signs of coordinated activity. These included receiving funds from Coinbase, exchanging USDC on Avantis, consolidating tokens, and transferring them to centralized exchanges like Bybit and Gate. The wallets involved were inactive before the airdrop, suggesting a premeditated strategy similar to previous incidents involving MYX.