Huo Xing Finance reports that on August 2, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a LAB insider address transferred assets to a centralized exchange for the first time in three weeks. Approximately nine hours ago, the address deposited 5.8 million LAB tokens into KuCoin, valued at around $834,000, at a price of approximately $0.1439 per LAB. Within the following hour and a half, LAB’s price continued to decline, reaching a low of $0.1273—a drop of 11.5%. The entity currently holds 74.7 million LAB tokens, valued at approximately $10.11 million.
LAB Insider transfers 5.8 million tokens to KuCoin, still holds 74.7 million
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Summary
An insider LAB address transferred 5.8 million tokens to KuCoin on August 2, 2026, valued at $834,000 at the time. The token price fell to $0.1273, a decline of 11.5%. Altcoins to monitor include LAB, as the address still holds 74.7 million tokens worth $10.11 million.
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