LAB (LAB)

yo @exitpumpBTC I think I found another larp.

🚨 Something very strange is happening with $LAB right now. Over 100 MILLION $LAB tokens ($480M) were withdrawn from Bitget into 10 freshly created wallets. That’s roughly: • 32% of the circulating supply • Moved within hours • While $LAB was pumping aggressively And this is where it gets interesting: The wallets were brand new. No history. No activity. Just massive withdrawals. Meanwhile: > $LAB recently exploded toward a multi-billion FDV > Bitget still reportedly holds 150M+ more tokens > ZachXBT is openly accusing Bitget leadership of enabling these kinds of schemes His exact words: “The Chinese CEX cartel has gone unchallenged for years.” This is why on-chain matters. People see green candles. But the wallets tell the real story. 👀

UPDATE: A few days after I posted about the criminal behavior the $LAB team are committing on Bitget, there has still been no response from @vsadkovv or @GracyBitget , and the manipulation continues. Late yesterday, a total of 100M $LAB (~$479M) was withdrawn from Bitget to 10 fresh addresses that had been funded with gas fees three days earlier. It’s interesting that a token nobody knows or uses is now among the top 140 cryptocurrencies and the second-largest holding on Bitget (21% of supply) after Bitcoin. Bitget continues to enable this crime without caring about retail users or what this could mean for the broader crypto community. Do not short tokens like this unless you are an insider who knows when the crime will end otherwise, you will lose. Stay smart.

BIG: @zachxbt has publicly accused Bitget of being part of a “Chinese CEX cartel” after 100M $LAB tokens worth nearly $480M were withdrawn from the exchange into 10 fresh wallets. The investigator directly named @bitget founder Shawn Liu, alleging insider-backed token manipulation behind the scenes. The wallet movements mirror activity seen before LAB’s earlier 500% pump and 84% crash, raising fresh manipulation concerns across the crypto community. So far, Bitget and the LAB team have not publicly responded.

Is a whale accumulating $LAB ? A notable data point is that in the past 12 hours, 10 new wallets have withdrawn a total of 100 million LAB from the Bitget exchange. This number is equivalent to ~480 million USD, about 32.26% of LAB's circulating supply. The amount moved is very large and involves new wallets, so analysts are monitoring this. In the market, withdrawing tokens from an exchange is usually interpreted in the following ways: - to a personal wallet for long‑term holding - for staking/ custody - or simply a wallet restructuring that whales commonly perform

100M $LAB worth ~$480M withdrawn from Bitget in 12 hours over 32% of the circulating supply moved into 10 fresh wallets @zachxbt is now questioning Bitget leadership including Shawn Liu, over alleged scam activity operating behind the scenes. https://t.co/i5Un6LGvwJ

lab is sick.. Pulling like this in the middle of the night, what short positions can survive Feels like this needle going up is already the end 🙄 @bcgame https://t.co/GwVdAuumpV