Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
10 addresses withdrew 100 million LAB, worth $514 million, from Bitget

10 addresses withdrew 100 million LAB, worth $514 million, from Bitget

Odaily星球日报Odaily星球日报2026/05/12 02:22
Show original

Odaily reported that, according to on-chain analyst Yujin's monitoring, in the past 10 hours, 100 million LAB tokens were withdrawn from Bitget to 10 trading addresses, with a total value of $514 million.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 Gas source were highly consistent with the previous large-scale withdrawal of RAVE tokens, suggesting that LAB and RAVE are likely operated by the same team.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off

Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.

华尔街见闻•2026/11/02 20:01
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off