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Volatility Summary
LABNEW (LAB) in the last 24 hours has rebounded from a low of $0.6193 to a high of $0.87143, currently at $0.62283, with a fluctuation range of 40.7%. The 24-hour trading volume surged to around $71 million-$105 million, more than three times the usual level, indicating signs of net capital inflow.
Brief Analysis of Movement Causes
- Accumulation push by whales: Large purchases occurred around the low point, combined with high trading volume that triggered a rapid price rebound.
- Volatility amplified by low liquidity: Lack of trading depth makes prices easily affected by capital flows, causing quick drops from the high point.