Bubblemaps: IRYS airdrop suspected of being manipulated by a 900 wallet cluster, which has already cashed out $4 million.

IRYS launched two days ago and airdropped 8% of its tokens to early users. However, approximately 20% of these tokens were claimed by a group of 900 newly created wallets. These addresses had been partially funded by Bitget before the launch and had no on-chain activity records. These addresses have now transferred their $IRYS to the new wallets and sent them to Bitget, cashing out approximately $4 million in total.