LABNEW (LAB) fluctuated 24.6% in 24 hours: Whale accumulation and high trading volume drive rebound
Bitget Pulse2026/05/10 16:02Volatility Briefing
In the past 24 hours, LABNEW (LAB) price rebounded from a low of $4.32 to a high of $5.3809, currently quoted at $4.84397, with a fluctuation amplitude reaching 24.6%. The 24-hour trading volume is approximately $63.43 million (CoinMarketCap data), significantly expanding compared to the previous day, accompanied by signs of net capital inflow.
Analysis of the Causes of the Move
- Whale Accumulation: On-chain data shows net buying from whale addresses, driving the price rebound from its lows.
- High Trading Volume Amplification Effect: Trading volume surged to $63.43 million, further intensifying price volatility in the low-liquidity DEX environment.
Market View and Outlook
Major market reports regard this price action as a whale-driven short-term rebound, but emphasize that low liquidity in DEX trading can amplify volatility, warning of subsequent pullback risks; community discussion is limited with no obvious FOMO sentiment. Analysts advise monitoring the sustainability of net inflows and whale activity.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational purposes 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.
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