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Analyst: MegaETH still has not effectively removed the witch addresses; co-founder of SHIFT Protocol may be a missed case.
Odaily Planet Daily reports that on-chain analyst Eye, who previously revealed the “1011 Insider Whale” incident, posted on X platform that besides the disclosed crypto KOL IcoBeast, MegaETH has still not effectively eliminated the witch addresses. Some crypto protocol founders are even involved, such as SHIFT Protocol co-founder ggmxbt, who is likely one of the unscathed. He used two addresses to bid a total of 77,000 USDT. Eye pointed out that while it is impossible to catch every witch cluster, stronger measures should be taken against those attempting to manipulate the situation for their own benefit, especially during presales.