A suspected LAB team address has transferred 100 million tokens to 3 Bitget deposit addresses, accounting for 43.4% of the circulating supply

Odaily星球日报讯 According to Arkham monitoring, a core LAB-linked address has recently been consolidating funds into three Bitget deposit addresses (0xDd7..., 0x659..., 0xb11...). Statistics show that these three addresses have collectively received 100 million LAB tokens, valued at approximately 64.96 million USD, after which the funds have all entered Bitget's hot wallet.

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a

0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

The current circulating supply of LAB is 230.4M, and the total amount received by these three addresses accounts for approximately 43.4% of its circulating supply. LAB is currently trading at $0.6496, down 0.74% in 24 hours, with a circulating market cap of approximately $149 million. A single consolidation and deposit of over 40% of circulating tokens may indicate a forthcoming large-scale sell-off or market maker adjustment action.