10 addresses have withdrawn 100 million LAB from Bitget, valued at $514 million

Odaily reports, according to on-chain analyst Yu Jin's monitoring, over the past 10 hours, 100 million LAB has been withdrawn from Bitget to 10 trading addresses, with a total value of $514 million. This withdrawal amount accounts for 32% of LAB's circulating supply. The withdrawal method and source of gas fees are highly consistent with the previous large-scale withdrawal behavior of RAVE, suggesting that LAB and RAVE are operated by the same team.