LABNEW (LAB) fluctuates 57.2% in 24 hours: rebounds driven by whale accumulation and high trading volume, then pulls back
Bitget Pulse2026/04/14 23:15Volatility Overview
LABNEW (LAB) rebounded from a 24-hour low of $0.47061 to a high of $0.73993, currently quoted at $0.49042, with a price swing of 57.2%, before quickly falling back about 33%. The 24-hour trading volume reached a high of $96.7 million, a significant increase from the previous day, with clear signs of net capital inflow.
Analysis of Volatility Reasons
• Whale accumulation drives rebound: A new whale wallet holds 253,000 tokens (worth about $97,000, net inflow of 267,000 tokens). Treasury wallet bought $1.39 million in a single day, with net long position of $198,000; Top 100 addresses' holdings increased from $208 million to $382 million, and the number of "smart money" holders rose from 1 to 3.
• High trading volume amplifies volatility: 24-hour trading volume peaked at $24.46 - $65.65 million, net capital inflow of $2.4 million (sell orders $2.17 million), with low liquidity characteristics exacerbating price swings.
• Supply highly concentrated: A single address controls about 99.7% of circulating supply, suspected Binance Alpha-related manipulation, with no official announcement.
Market Views and Outlook
Mainstream sentiment on X community is optimistic, regarding this as a low-circulation-supply "crime pump" opportunity, similar to $RAVE. Traders reported 180% gains, with some predicting if the $0.52 support holds, price could break $0.6 or even $10; however, risk warnings are frequent, including selling pressure after team token unlocks, secondary volatility due to high concentration, and pullback risks from low liquidity. It is recommended to monitor whale movements.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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