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LAB Whale Sells 18.5 Million Tokens in Two Days, Triggering 50% Price Drop

1 hours ago

Per EmberCN’s monitoring, LAB’s whale transferred 10.5 million LAB tokens to Aster last night, worth approximately $9.15 million. Over the past 11 hours, LAB’s price dropped another 37% to $0.56. Cumulative transfers over two days total 18.5 million LAB (about $18.69 million), with the token’s price falling 53% from $1.2 to $0.56. After transferring 8 million LAB (around $9.54 million) the night before last, LAB’s price slid 26% from $1.2 to $0.89; following last night’s additional transfer, the token’s price dropped a further 37%.

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