Whale Nets $1.13M as LAB Jumps More Than 10x

ChainCatcher reports that LAB surged over the past month, climbing from $0.20 to $2.38—up more than tenfold. An address suspected of insider activity appears to have timed the move precisely. Before the rally, it accumulated 575,000 LAB at $0.20 per token, a position valued at about $128,000 at the time. In the past 30 minutes, the whale transferred the entire holding to a centralized exchange to lock in gains. At current prices, the tokens are worth roughly $1.26 million, implying a profit of about $1.13 million.