LABNEW (LAB) fluctuates 20.7% in 24 hours: Whale accumulation and high trading volume drive rebound

Volatility Overview

In the past 24 hours, LABNEW (LAB) price rebounded from a low of $4.46 to a high of $5.3809, currently quoted around $4.76, with an amplitude of 20.7%. The 24-hour trading volume is approximately $55 million to $60 million, slightly down from the previous day but still active.

Analysis of Abnormal Movements

- Whale accumulation continues to push price rebound: On-chain monitoring shows whales have been actively buying in the past 24 hours, and combined with high trading volume, this has directly driven the rebound from the low of $4.32 to the high of $5.38.

- The overall increase exceeds 11%, and data from trading platforms show clear signs of net capital inflow, with an ATH of $5.19.

Market Views and Outlook

Market sentiment is divided. Community discussions focus mainly on manipulation risks and low circulating supply (with the team holding over 90%), warning retail investors to avoid the "liquidation hunt" trap. Although analysts such as ZachXBT have exposed team wallets, 98% of whale long positions remain profitable. Some traders are optimistic for a rebound to $6-$7, but emphasize that if support at $4.43 is lost, there could be a further 50% drop.