Whale Nets $1.13M Profit as LAB Surges More Than 10x in a Month

Huoxing Finance reported that LAB has climbed from $0.2 to $2.38 over the past month, posting a gain of more than tenfold. An address suspected of insider activity appears to have timed the move precisely, accumulating 575,000 LAB at around $0.2 each ahead of the rally—about $128,000 at the time. Within the past half hour, the whale moved the entire position to a centralized exchange to lock in gains. At current prices, the holdings are valued at roughly $1.26 million, implying a profit of about $1.13 million.