TechFlow News: On May 12, on-chain analyst EmberCN (@EmberCN) reported that over the past 10 hours, 100 million LAB tokens were withdrawn from Bitget to the blockchain by 10 addresses, valued at approximately $514 million—accounting for 32% of LAB’s circulating supply. EmberCN noted that this withdrawal pattern closely mirrors the prior large-scale withdrawal of RAVE tokens from Bitget to the blockchain, and that the gas funding sources for both sets of addresses are highly consistent. Therefore, RAVE and LAB may be operated by the same trading team.
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