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LAB has once again issued negative news, as an address suspected of insider trading quickly liquidated all tokens after earning 10x profits.
He did not take profits in stages but chose to sell everything at once, indicating that he believes LAB's market has peaked.
It is worth noting that these news factors are actually not simple; underestimating their complexity may lead to reverse harvesting.
For example, last month, a large project transferred a significant amount of tokens to a neighboring major institution, releasing a strong sell signal.
In today's view, this move was undoubtedly a trap to induce a short squeeze.
Therefore, news about insider addresses liquidating their holdings should be viewed rationally.
$LAB
#Gate广场五月交易分享