LABNEW (LAB) fluctuated by 40.5% in 24 hours: Whale accumulation and high trading volume drive rebound
Bitget Pulse2026/05/01 20:55Volatility Brief
LABNEW (LAB) rebounded from a low of $0.67025 to a high of $0.94138 in the past 24 hours, currently quoted at $0.94138, representing a 40.5% amplitude. Trading volume has surged significantly, reaching up to $24.46 million during certain periods, an increase compared to the previous day; on-chain data indicates signs of net capital inflow.
Analysis of Abnormal Movement Reasons
- Whale accumulation-driven: On-chain monitoring shows large buy orders appearing near the low, with new whale wallets emerging and net capital inflows. Combined with low liquidity, this has amplified price volatility.
- High trading volume support: 24-hour trading volume spiked to between $35.4 million and $65.65 million, with top addresses increasing their holdings and a net capital inflow of around $2.4 million.
Market Opinions and Outlook
Community sentiment is highly optimistic, with discussions on X focusing on new ATHs (1,700% increase) and sustained pumping, regarding it as a “gems” opportunity. Analysts point out a high concentration of whales (Nansen data), team holdings are locked with no selling pressure, but low liquidity poses risk of pullbacks; attention is on the potential catalyst of the LAB App release before May 3.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stellar’s tokenized asset market reaches $4.1 billion, market share triples
NVIDIA (NVDA.US) management changes may affect Anthropic's IPO plans; the market is watching whether the multi-billion-dollar investment will change
With the sudden departure of Nvidia CEO Jensen Huang, the record-breaking initial public offering plan of AI giant Anthropic is being reconsidered by the market.
Nebius Q3 results exceed expectations, capital expenditure rises to $27 billion, ARR target postponed, stock falls over 14% pre-market | Earnings Report Insights
Nebius reported Q3 revenue of $981 million (a year-on-year increase of 571%) and adjusted EBITDA of $466 million, both exceeding expectations. However, the company delayed and lowered its guidance for annual recurring revenue (ARR), stating that it is no longer applicable. Additionally, it significantly raised its 2026 capital expenditure target to $27 billion, with projections to further increase to $40 billion to $45 billion in 2027. The stock price plummeted more than 14% in pre-market trading.
AUD/USD Price Forecast: Breakdown of H&S pattern keeps the pair under pressure
Crypto prices
More
