LABNEW (LAB) sees 83.6% volatility in 24 hours: Whale accumulation and high trading volume drive rebound

Volatility Overview

In the past 24 hours, LABNEW (LAB) rebounded from a low of $4.16935 to a high of $7.656, currently quoted at $5.11346, with a price swing of up to 83.6%. The 24-hour trading volume ranged from approximately $55 million to $60 million, with on-chain data showing a significant net inflow of funds.

Brief Analysis of the Cause of the Anomaly

- Whale accumulation driving the rebound: On-chain monitoring shows that whale addresses have continued net buying over the past 24 hours, directly driving the price rebound from the $4.16935 low.

- High trading volume amplifies volatility: 24-hour trading volume remained at $55 million to $60 million. Combined with the low liquidity characteristic, price fluctuations were further amplified.

Market Perspective and Outlook

The mainstream market sentiment is optimistic, with the community seeing whale activity as a positive signal, keeping LAB at the top of the popularity charts. However, analysts caution about the high volatility risks, as low liquidity makes it susceptible to manipulation by large holders. The outlook depends on continued capital inflows and on-chain transfer dynamics.