Gate News message, April 26 — According to on-chain data, a core LAB team-associated address transferred 18 million LAB tokens to a major CEX deposit address in two transactions on April 25, worth approximately $15.39 million. The transfer represents 7.81% of LAB’s circulating supply of 230.4 million tokens.
LAB is currently trading at $0.8560, up 18.82% over the past 24 hours, with a circulating market cap of approximately $197 million. Large-scale token transfers to exchange deposit addresses during price rallies typically indicate potential selling or market-making activity.
This follows a previous transfer where a suspected LAB team address moved 100 million LAB tokens—representing 43.4% of the circulating supply—to two other CEX deposit addresses.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Meme Coin Memecoin Breaks $12.23M Market Cap, Surges 37.3% in 24 Hours
Gate News message, April 26 — Memecoin, a Meme token on Solana, has surged 37.3% over the past 24 hours and breached a market capitalization of $12.23 million today, according to on-chain data monitoring.
BlockBeats notes that Meme coin trading carries substantial volatility and is largely driven b
GateNewsJust Now
Bitcoin Breaks Through $78,000, Up 0.75% in 24 Hours
Gate News message, April 26 — Bitcoin surged through $78,000, currently trading at $78,102.89 with a 24-hour gain of 0.75%.
GateNews1h ago
ETH Liquidation Cascade: $499M in Short Positions at Risk If Ether Breaks $2,417
Gate News message, April 26 — According to Coinglass data, if Ethereum breaks above $2,417, cumulative short position liquidations across major centralized exchanges would reach $499 million. Conversely, if ETH drops below $2,213, cumulative long position liquidations would reach $499 million.
GateNews2h ago
PLA Plummets 47.8% in 30 Minutes, Dropping Below $0.12
Gate News message, April 26 — PLA (PlayDapp) price crashed 47.8% in just 30 minutes today, falling to $0.1225. The token, which hit a day high of $0.2347, now trades at $0.122512 with a market cap of approximately $305 million. Trading volume remains notably low, reflecting reduced investor
GateNews2h ago
Apecoin Insider Turns $174K Into $2.45M in One Day With 14x Trade on Both Sides of 80% Surge
An anonymous wallet with no prior trading history turned $174,000 worth of ether into $2.45 million by trading Apecoin on both sides of an 80% price surge in a single day.
Key Takeaways:
Wallet 0x0b8a converted $174,000 in ETH into a leveraged Apecoin long, exiting near the top for a $1.79M
Coinpedia3h ago
Dormant Whale Resumes Activity, Accumulating 7,300 ETH Over Two Days for $17M
Gate News message, April 26 — A dormant wallet that has been inactive for 1.6 years resumed activity by purchasing 3,017 ETH for $7 million at an average price of $2,320 per coin, according to on-chain monitoring data.
Over the past two days, the whale has accumulated a total of 7,300 ETH valued at
GateNews5h ago
