Svmuu reports, according to Arkham monitoring, a key associated address of LAB (0x1e8e...E166) again transferred tokens to the Bitget deposit address (0x6593...E0bF) yesterday. It is estimated that the address received a total of 18 million LAB tokens in two batches on April 25, with a total value of approximately $15.39 million.
The current circulating supply of LAB is 230.4 million, and the total amount received by this Bitget deposit address accounts for approximately 7.81% of its total circulation. LAB is currently trading at $0.8560, up 18.82% in the past 24 hours, with a circulating market cap of approximately $197 million. A large inflow of tokens to an exchange during a price surge may indicate potential future selling or market maker position adjustments.
Previous news: A suspected LAB team address transferred 100 million tokens to two Bitget deposit addresses, accounting for 43.4% of the total circulation.
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LAB surges over 20% in 24 hours, with suspected team address transferring 18 million LAB to Bitget deposit address again yesterday
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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