🚨 $834,000 moved to a CEX... and $LAB dumped 11.5% within hours.
A suspected LAB internal wallet transferred 5.8M $LAB to a centralized exchange while the price was around $0.1439.
Moments later:
📉 $LAB crashed 11.5% to nearly $0.1273.
The wallet still holds 74.7M LAB worth over $10M, meaning the market is now watching every move.
This is why small-cap coins are so volatile.
• Transfer to a cold wallet? Usually seen as long-term holding.
• Transfer to a multisig? Often linked to treasury or governance.
• Transfer to a CEX? The market immediately prices in potential selling pressure.
The team doesn't even need to sell.
Sometimes fear of a sale is enough to trigger the dump.
Before buying any low-cap token, don't just study the chart—watch the whales.
On-chain wallets often reveal the story before the candles do. 👀
#LAB #Altcoins #OnChain #Trading #BinanceSquare
A suspected LAB internal wallet transferred 5.8M $LAB to a centralized exchange while the price was around $0.1439.
Moments later:
📉 $LAB crashed 11.5% to nearly $0.1273.
The wallet still holds 74.7M LAB worth over $10M, meaning the market is now watching every move.
This is why small-cap coins are so volatile.
• Transfer to a cold wallet? Usually seen as long-term holding.
• Transfer to a multisig? Often linked to treasury or governance.
• Transfer to a CEX? The market immediately prices in potential selling pressure.
The team doesn't even need to sell.
Sometimes fear of a sale is enough to trigger the dump.
Before buying any low-cap token, don't just study the chart—watch the whales.
On-chain wallets often reveal the story before the candles do. 👀
#LAB #Altcoins #OnChain #Trading #BinanceSquare