LAB: The project’s associated address transferred 3.66 million tokens, worth 140.7 million USD.

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Golden Finance reports that on May 8th, according to on-chain analyst Ai Yi’s monitoring, the project-related address 0xf09…2Bd0b of LAB received 3.66 million LAB tokens (worth $14.07 million) from the multi-signature address 0x36F…0C291 nine hours ago.
Tracing the source of the funds upward, it leads to the LAB token deployment address.
Subsequently, this address transferred 2.13M tokens to two contract addresses, with the purpose currently unclear.
After ZachXBT published a post questioning the sharp decline, LAB has nearly recovered its losses and rebounded to $4.54.

LAB-1.85%
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GateUser-06d0a9b9
· 2h ago
Is this the rhythm for shipping?
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