IntroductionWith the increasing prevalence of airdrops, it has become crucial to identify Sybil addresses that exploit these events for unfair gains. In this research, we aim to uncover and analyze potential Sybil addresses that have received $ARB tokens from the airdrop by employing a two-step methodology.MethodologyIn the first iteration, we checked all addresses eligible for the airdrop but without any transactions on Ethereum. This method was chosen due to the high transaction costs in L1...

IntroductionWith the increasing prevalence of airdrops, it has become crucial to identify Sybil addresses that exploit these events for unfair gains. In this research, we aim to uncover and analyze potential Sybil addresses that have received $ARB tokens from the airdrop by employing a two-step methodology.MethodologyIn the first iteration, we checked all addresses eligible for the airdrop but without any transactions on Ethereum. This method was chosen due to the high transaction costs in L1...