# Two New Wallets Withdraw 280.75 Million Lobster Tokens From Exchanges

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29417
Published: 2026-10-10T06:34:00.000Z
Updated: 2026-10-10T06:34:00.000Z
Section: Investing

> The withdrawals represented 28.08% of Lobster’s total supply and were valued at about $12.21 million.

Two newly created wallets withdrew 280.75 million Lobster tokens from exchanges over three days, an amount equal to 28.08% of the token’s total supply.

The withdrawals involved wallet addresses 0x4d28 and 0x5a42. The tokens were valued at about $12.21 million.

The transfers were completed during the three days leading up to Oct. 10. The scale of the withdrawals places a substantial portion of Lobster’s total supply in the two new wallet addresses.