Alex Grek
950 posts
Last few hours: $LAB LAB, which we’ve been talking about for days, made a new ATH around 7.70. Bitget finally started moving the ~261M LAB they had been holding for a long time. Yesterday’s scam pump happened right after this distribution. There are still around 159M LAB left in Bitget cold wallet, and based on recent behavior, they may distribute those soon as well. The distributed tokens were sent across more than 10 wallets. I’m tracking every single one closely. If we see movement from any of them, the chart could react violently. When price was around 5.20, @zachxbt posted about LAB again. He criticized Bitget for allowing this situation and referred to them as the “Chinese CEX Cartel.” Price reacted with a sharp candle, but still managed to hold the 4.60 area. In short: • The remaining 159M in Bitget cold wallet could soon be distributed to more wallets • Zachxbt may continue posting more about this situation • Any movement from the distributed wallets could trigger major volatility $SKYAI Honestly, I’m pretty happy with how SKYAI played out. Just like we caught the pump early, we also caught the dump. Worked out well for us. A few hours ago, selling started from the Gateio and Bitget wallets, and price dropped nearly 40% before recovering again. The amount sold actually wasn’t huge, but since most of the supply is concentrated in these two exchanges, panic spread quickly. Their holdings are still massive. That’s the reality of manipulated markets, almost any scenario is possible at any moment. In fact, after yesterday’s outflows, another 1.79M SKYAI was transferred back into the cold wallet around 2 hours ago. Gateio: 379M ($204M) Bitget: 147M ($79M) For more updates, join us via below link.
SKYAI = NEXT RAVE? I posted this back during RAVE run: They were constantly sending $RAVE to Bitget cold wallet, didn’t matter what the price was, just kept sending. Last couple of days, I’m seeing the same pattern with $SKYAI And usually after these kinds of transfers, price starts moving up. Got me thinking… could SKYAI be the next RAVE?
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