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October 7, 2026 7:34 am
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Two wallets believed to belong to the same whale or institution withdrew 110 million Lobster from KuCoin and Gate, equal to 11% of the token’s total supply, EmberCN reported. The holdings were worth $7.01 million, and Lobster rose more than 40% today. Exchange withdrawals are typically interpreted as a sign of holding rather than selling.