LABNEW (LAB) sees 77.2% volatility in 24 hours: whale accumulation and high trading volume drive rebound
Bitget Pulse2026/05/12 16:02Volatility Overview
In the past 24 hours, LABNEW (LAB) price rebounded from a low of $4.32133 to a high of $7.656, and is currently quoted at $4.43785, with a price fluctuation amplitude of 77.2%. The 24-hour trading volume ranges between $55 million and $60 million, significantly higher than the previous day, accompanied by signs of net capital inflow.
Brief Analysis of Abnormal Movements
- Continued accumulation by whale addresses: On-chain data shows large holders buying, driving the price rebound from the lows.
- Trading volume surge: 24-hour trading volume rose to $55-60 million, fueling a rapid price increase.
Market Perspectives and Outlook
The mainstream market view regards this abnormal movement as a whale-driven rebound opportunity. Platforms such as Bitget Pulse emphasize that high trading volume supports a short-term recovery, but caution that volatility remains high and attention should be paid to subsequent capital flows. Community discussion is limited, and analysts suggest that the low circulating supply makes the price easily influenced by large holders, advising caution when chasing the highs.
Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring, and is 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.
You may also like
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 However, the company delayed and lowered its guidance for annual recurring revenue (ARR), stating that it is no longer applicable.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
U.S. Stock Market Preview | Major Index Futures Mixed; Nvidia Plunges Pre-market; Fed Officials' Speeches Incoming
Before the U.S. stock market opens on Thursday, November 12, the three major U.S. stock index futures showed mixed movements.
XRP risks drop to $0.90 as analyst Diana warns of Wave 2 correction
Crypto prices
More
