witch address

A certain airdrop hunter on zkSync owns 21,877 witch wallets and interacts with a self-built DEX to gain airdrops

ChainCatcher news, according to X platform user @lingland09, a professional airdrop hunter has 21,877 witch (sybil) wallets on zkSync. His witch strategy is to fund all his wallets with a minimal amount of ETH, then deploy a non-open-source Gemstone (GEM) token. He then whitelisted all other 21,877 wallets and claimed all the self-deployed tokens himself. He essentially built a non-open-source DEX just to indirectly index application transactions between his witch addresses.This person added over 80 ETH of liquidity to the GEM token using his own DEX contract, giving the GEM token value and testing it through trading. He then exchanged the GEM tokens he claimed from the 21,877 wallets in the GEM/ETH trading pair, gaining a profit of 0.6-0.7 ETH in value. Immediately after, he repeated the above steps (all these transactions were automated through a bot he wrote, rather than done manually).Since all the liquidity was added by this person, he was not affected by slippage, and he accumulated 10 transactions on the zkSync Era network in the cheapest way. His bot brought this pattern algorithm to the next 21,000 wallets without any slippage, as this person adjusted the liquidity as needed. He completed all 10 transactions with a trading volume of $10 by spending 1.5 - 2 ETH fees per wallet, trading in different months, weeks, and days, just to appear similar to the qualifications of other L2 projects.
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