LABNEW fluctuated by 23.5% within 24 hours: Whale net inflows coexist with aftereffects of early token distribution

Volatility Overview

In the past 24 hours, LABNEW has displayed a V-shaped rebound, rapidly surging from a low of $4.04809 to a high of $5.00000. It is currently quoted at $4.42945, with an overall amplitude of 23.5%. Trading volume has significantly expanded compared to earlier periods. On-chain data indicates a net inflow of funds, with net buying activity observed from whale addresses.

Brief Analysis of the Cause of Abnormal Movements

- Primary Driver: Whale accumulation driving short-term rebound. On-chain monitoring shows net fund inflows and net whale buying, which directly supported a rapid recovery from the lows.

- Secondary Pressure: The aftermath of the previous distribution of 100 million LABNEW tokens (representing about 32% of circulating supply) is still unfolding. This batch of tokens was previously distributed OTC at an 80% discount, with 50% immediately unlocked, possibly causing short-term selling pressure.

All of the above are verifiable public on-chain and market data from the past 24 hours—no other major official announcements or news events directly triggered this movement.

Market Perspectives and Outlook

Both the community and analysts maintain a cautiously optimistic sentiment: they acknowledge the short-term momentum from whale support while remaining alert to volatility risks posed by unlocks and changes in trading volume. Should net capital inflows persist, the price could test higher resistance levels; otherwise, it may retreat to prior support zones. Most viewpoints emphasize the need for continuous monitoring of large on-chain transfers and trading volume changes, highlighting that LABNEW remains a highly volatile asset in the short term.