77M TOKENS MOVED: WHAT’S GOING ON WITH
$LAB ?
Guys, the
$LAB story clearly doesn’t end with that massive 99.94% crash.
A public-sale investor reportedly saw a $5K allocation reach $5.6M on paper, only for the position to be worth just $3,219 when the tokens became claimable.
Now the on-chain activity is raising more questions.
Just 2 hours ago, the team wallet moved 70M LAB(~$3.93M) into TokenVestingManager and then moved it back out. Another 5M LAB (~$277K) followed the same pattern.
Four days earlier, 13.04M
$LAB (~$914K) was sent to an unverified private wallet.
There was also around 5M LAB (~$353K) moved from Gate.io hot-wallet infrastructure a week ago.
This doesn’t prove selling or wrongdoing, but the amount of supply being moved is definitely worth watching.
The big question: why is so much
$LAB supply being shuffled around right now?
#Labs