Suspected LAB Insider Address Transfers 9.1 Million Tokens to 10 New Addresses, Possibly Preparing for Further Dump

BlockBeats News, August 18th, according to Ai Monitor, the suspected LAB insider address 0x0d9…751d0 transferred 9.1 million LAB to 10 new addresses 3 hours ago, worth approximately $720,000. Currently, the receiving addresses have not shown any further transfer or sell-off activities.

It is reported that this address was previously identified as a LAB whale address, and market participants are watching to see if this recent dispersal transfer implies a possibility of further sell-offs. The current market capitalization of LAB is around $36.85 million.