Large $EVAA Transfer Spotted Is a Big Move Coming 2.50$
A Gate Cold Wallet has transferred 546K EVAA(worth over $1.02M) to a Gate Hot Wallet, alongside several other large $EVAA transfers through Gate and MEXC.
While a transfer to a hot wallet doesn't guarantee buying or selling, this level of on-chain activity often precedes increased volatility.
Did Exchange Wallet Movements Signal $LAB 's Collapse?
The recent price action in LAB has closely followed a series of large exchange wallet transfers.
14 hours ago: 180K LAB ($2.78M) was moved from Bitget Cold Wallet → Bitget Hot Wallet.
At the time, LAB was trading near $15, and the price later slipped to around $14. 9 hours ago: 289K $LAB ($4.41M) was transferred from Gate Cold Wallet → Gate Hot Wallet.
After consolidating between $14–15, LAB experienced another sharp decline, eventually falling to around $10.
Most recently: 137K $LAB ($1.86M) has been moved from Bitget Hot Wallet → Bitget Cold Wallet, while LAB is now consolidating in the $7–8 range.
These transfers do not prove they caused the sell-off, but the timing has caught the market's attention.