Suspected LAB team address transfers 100 million tokens to 3 Bitget deposit addresses, accounting for 43.4% of circulating supply

Odaily reported that, according to Arkham monitoring, the core associated address of LAB recently transferred funds to 3 Bitget deposit addresses (0xDd7..., 0x659..., 0xb11...) for aggregation. According to statistics, these three addresses received a total of 100 million LAB tokens, worth approximately $64.96 million, and the funds have subsequently entered the Bitget hot wallet.

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

The current circulating supply of LAB is 230.4 million, and the total amount received by these three addresses accounts for approximately 43.4% of its circulating supply. LAB is now quoted at $0.6496, down 0.74% in 24 hours, with a circulating market cap of approximately $149 million. A single aggregation and deposit of over 40% of circulating tokens may indicate potential large-scale sell-offs or market maker adjustment actions in the future.