That’s why I never look at a single on-chain transfer and immediately jump to conclusions.
$LAB is up almost +56%, although there were fairly large moves during this time as well.
About 70M LAB went through TokenVestingManager, and then another 5M. Plus 13.55M was moved from cold to hot on Gate, and another 6M moved within KuCoin.
The transfer to a hot wallet doesn’t yet mean a sale. For me, what matters more is how the market reacts to it.
And another 16.23M LAB are scheduled to be unlocked for investors on September 14.
The pump is strong, but right now I’m watching both the candles and the wallets.
#LAB
$LAB is up almost +56%, although there were fairly large moves during this time as well.
About 70M LAB went through TokenVestingManager, and then another 5M. Plus 13.55M was moved from cold to hot on Gate, and another 6M moved within KuCoin.
The transfer to a hot wallet doesn’t yet mean a sale. For me, what matters more is how the market reacts to it.
And another 16.23M LAB are scheduled to be unlocked for investors on September 14.
The pump is strong, but right now I’m watching both the candles and the wallets.
#LAB
