In the past 10 hours, 100 million $LAB tokens, valued at $514 million, have been withdrawn from Bitget to on-chain addresses by a single entity using 10 addresses. This amount represents 32% of $LAB's circulating supply. The withdrawal pattern mirrors a previous large-scale transfer of $RAVE tokens from Bitget, suggesting a possible connection between the two operations. Both $RAVE and $LAB withdrawals share similar gas funding methods, indicating they might be orchestrated by the same group.
$LAB Tokens Worth $514 Million Withdrawn from Bitget in Large-Scale Move
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