Lookonchain: 10 new wallets withdraw 100M LAB ($480M) from Bitget, 32.26% of supply
Ten newly created wallets withdrew 100 million LAB tokens from Bitget in a 12-hour span, valued at about $480 million and equal to 32.26% of circulating supply. The transfers add to an ongoing manipulation probe after LAB rose from roughly $0.70 to nearly $3.30 on May 2 and later drew a $10,000 bounty tied to alleged market-making activity.