Large $LAB transfers continue to raise eyebrows.
On-chain data shows that a suspected insider-linked wallet has transferred another $9.15 million worth of $LAB to Aster.
Combined with previous movements, the address has now transferred a total of $18.69 million in $LAB over the past 24 hours.
While the purpose of the transfers remains unclear, repeated deposits of this size are drawing attention from traders, as they could be related to liquidity management, market-making, OTC activity, or potential selling pressure.
So far, there has been no official statement explaining the transactions, and the identity of the wallet has not been confirmed. Market participants will be closely monitoring whether additional transfers or exchange outflows follow.
On-chain data shows that a suspected insider-linked wallet has transferred another $9.15 million worth of $LAB to Aster.
Combined with previous movements, the address has now transferred a total of $18.69 million in $LAB over the past 24 hours.
While the purpose of the transfers remains unclear, repeated deposits of this size are drawing attention from traders, as they could be related to liquidity management, market-making, OTC activity, or potential selling pressure.
So far, there has been no official statement explaining the transactions, and the identity of the wallet has not been confirmed. Market participants will be closely monitoring whether additional transfers or exchange outflows follow.