Ten fresh wallets pulled 100M LAB tokens worth $480M from Bitget, 32% of supply, sparking LAB price prediction debates amid crypto market volatility.

LAB sees $480M withdrawal from Bitget as 1B tokens distributed to new addresses, holding 32.3% supply; price dips to $5.07 after $7.77 spike.

According to Lookonchain, a significant whale has recently withdrawn 1,897 ETH, valued at approximately $3 million, from the Bitget exchange. This marks a continued pattern of accumulation, with the same entity having withdrawn a total of 3,844 ETH, worth $6.51 million, since April 3. This activity suggests a strategic positioning in Ethereum, potentially anticipating future price movements. Such whale activities often indicate bullish sentiment, which could impact the Ethereum market dynamics. Traders might consider monitoring whale movements as part of their trading strategies.

According to @lookonchain, whales are actively buying $SWARMS, with address 8rJNVg...ZiKa acquiring 7.42 million $SWARMS at an average price of $0.46 over the past 13 hours, while another whale associated with addresses AJNhqg...ZL3H and H1zFMU...cEAe withdrew 10 million $SWARMS from Bitget 2 days ago and bought 2 million $SWARMS on a DEX 14 hours ago, yielding an unrealized profit of $1.75 million.

According to @lookonchain, whales are actively buying $SWARMS, with address 8rJNVg...ZiKa purchasing 7.42M $SWARMS at an average price of $0.46 over the past 13 hours, and another whale withdrawing 10M $SWARMS from Bitget 2 days ago, then buying 2M more on a DEX 14 hours ago, indicating strong bullish sentiment.