The Professor (LAB)

Wu said he learned that, according to monitoring by @ai_9684xtpa, an address suspected of being related to an insider of LAB transferred 5.8 million LAB to KuCoin about 9 hours ago, worth approximately $834,000. Subsequently, LAB fell from $0.1439 to $0.1273, a decline of about 11.5%. The entity still holds about 74.7 million LAB, valued at roughly $10.11 million.
https://t.co/ZtKvmAC1xu

Really a curse on $LAB , The LAB insider wallet is active again🥶.

After nearly three weeks of inactivity, the suspected LAB insider has started moving tokens once more.

Around 9 hours ago, the wallet deposited 5.8M LAB, worth approximately $834K, into KuCoin at an average deposit price of $0.1439. Not long after the transfer, #LAB came under selling pressure, dropping from $0.1439 to a low of $0.1273 over the next 90 minutes -- a decline of roughly 11.5%.
Address: 0xBCF0771E983aF09a67F10812fB336731e4C5D688 .
Once again raised questions, as exchange deposits from this wallet have previously been followed by sharp price declines.

Wu said he learned,
According to monitoring by @ai_9684xtpa, an address suspected of being related to the LAB insider transferred 5.8 million LAB to KuCoin about 9 hours ago, worth about $834,000. Afterwards LAB fell from $0.1439 to $0.1273, a drop of about 11.5%. The entity still holds about 74.7 million LAB, valued at roughly $10.11 million.
https://t.co/ZtKvmAC1xu