144 million Lobster tokens moved to DEX-linked address, volatility risk in focus

About 144 million Lobster tokens were transferred to an address linked to decentralized exchange Aster, BlockBeats reported. The amount equals 14.44% of the token’s total supply. The transfer is estimated to be project-related, but its specific purpose has not been disclosed. BlockBeats said the large-scale transfer could have a significant impact on market liquidity and price if additional large deposits or other on-chain activity follow.