LABNEW (LAB) fluctuates 23.8% in 24 hours: Whale accumulation and high trading volume drive rebound
Bitget Pulse2026/05/12 22:03Volatility Overview
In the past 24 hours, LABNEW (LAB) price rebounded from a low of $4.32133 to a high of $5.35153, and is currently quoted at $4.94999, with an amplitude of 23.8%. The 24-hour trading volume remained in the $55 million to $60 million range, with on-chain data showing significant net capital inflow.
Brief Analysis of Abnormal Movements
- Continuous Net Buying from Whale Addresses: On-chain monitoring indicates that whale addresses maintained a net buying trend in the past 24 hours, directly driving the price rebound from the $4.32133 low.
- High Trading Volume Amplifies Volatility: The 24-hour trading volume reached $55-60 million, a significant increase from the previous day. Low liquidity DEX trading (such as BSC PancakeSwap) further fueled price swings.
Market View and Outlook
The mainstream market sentiment leans towards speculative rebound. Platforms like Bitget Pulse highlight whale accumulation and high volume as drivers, but warn that low liquidity (with the pool around $280,000) can easily trigger extreme volatility. Community discussions (such as on X) are focusing on short-term pump potential, while noting risks of supply concentration and token unlocks. In the short term, caution is advised against correction pressure.
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.
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