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Bitget Faces ZachXBT Firestorm After $480 Million LAB Wallet Withdrawals

Bitget is facing renewed scrutiny after Lookonchain reported that ten fresh wallets withdrew 100 million LAB tokens, worth about $480.33 million, from the exchange over a 12-hour window. The transfers represented 32.26% of LAB’s circulating supply, according to the on-chain tracker, adding fresh fuel to allegations from ZachXBT and other analysts that LAB trading activity […]

  • Read at Bitcoinist
  • Tue, 12 May 2026 12:30:21 +0000
Bitget Faces ZachXBT Firestorm After $480 Million LAB Wallet Withdrawals