One thing we have seen on $LAB is that they withdrew $3M to Bitget and Gate, then distributed it across different fresh wallets.

Maybe they are planning something to sell, but we can’t be sure yet. From what we’re seeing, my guess is that $LAB could push to a new ATH first, and after that, it may face a major correction or even collapse.

We’ll know more soon as we continue tracking the on-chain data.

LABBSC
LABUSDT
8.6559
+11.50%