Arkham reported that wallets linked to LAB transferred a total of 100 million LAB, worth about $64.96 million, to three Bitget deposit addresses before the tokens moved into Bitget hot wallets. The newer report adds that one LAB-linked wallet sent 18 million LAB, worth about $15.39 million, to a Bitget deposit address after receiving those tokens in two transfers on April 25. Arkham said that 100 million LAB represented 43.4% of LAB’s 230.4 million circulating supply, while the 18 million LAB transfer equaled about 7.81% of circulating supply. At the time cited in the newer report, LAB traded at $0.8560, up 18.82% over 24 hours. Arkham did not state the purpose of the transfers, but such large movements to exchange-linked addresses can draw attention over potential liquidity or selling pressure.