LAB Tokens: $514M Withdrawn from Bitget

Whales just yanked 100 million $LAB tokens, valued at $514 million, from Bitget using 10 addresses over the past 10 hours, dumping them straight onto the chain—this haul represents a staggering 32% of LAB's circulating supply. The maneuver screams familiarity, echoing the massive RAVE withdrawals from Bitget weeks ago, with identical gas sourcing patterns pointing to the same operator crew behind both RAVE and LAB, potentially aligning LAB's pump multiples and trajectory with the infamous 'demon coin' RAVE amid ongoing crypto whale movements and LAB price prediction buzz, while whispers of RaveDAO ties add fuel to the fire.

On the 4h chart, LAB grinds at $5.12 in a bullish structure anchored by the EMA200 at $1.92 as rock-solid long-term support, but the MACD's bearish death cross at 0.34 signals weakening momentum that could cap upside—price hugs the middle of the volatility bands with upper resistance at $5.42 acting as a near-term exhaustion point, while the neutral RSI at 59.65 leaves room for a push, yet confluence here screams caution: if buyers falter at that upper band, expect a tactical dip to test the EMA50 support at $3.85 before resuming the grind, mirroring patterns we've seen in volatile altcoin runs over the last six months.