In a significant market move, the entity known as "LAB庄家" transferred 18.5 million LAB tokens to Aster over two days, causing the token's price to drop by 53%. The latest transfer involved 10.5 million LAB tokens, valued at $9.15 million, which contributed to a 37% price decline in the last 11 hours, bringing the price down to $0.56.
Previously, an 8 million LAB token transfer to Aster had already reduced the price from $1.2 to $0.89, marking a 26% decrease. The cumulative effect of these transfers has seen the LAB token's value fall sharply from $1.2 to $0.56.
LAB Token Plummets 53% as 18.5 Million Tokens Transferred to Aster
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