ChainCatcher reported that on-chain analyst Ai Yi (@ai_9684xtpa) flagged another large LAB transfer tied to a suspected insider address. The wallet moved 10.5 million LAB to Aster, valued at about $9.15 million based on a transfer-time price of $0.872 per token. The move came roughly 22 hours after the same address used a similar method to send LAB again. Over the past 24 hours, the address has transferred LAB worth about $18.69 million to Aster in total. Ai Yi’s monitoring also noted that after the wallet completed a transfer last night, LAB’s price once saw a sharp drop. The report did not provide further details on the address owner or the purpose of the transfers.
According to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) said a suspected insider LAB address has again transferred 10.5 million LAB to Aster.
Based on the transfer-time price of $0.872, the tokens were worth about $9.15 million. The transaction came about 22 hours after the same address moved LAB in the same way.
Over the past 24 hours, the address has sent LAB worth about $18.69 million to Aster in total. Ai Yi had previously noted that after the address completed a transfer last night, LAB’s price at one point fell sharply.
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