LAB Token Crashes 53% in Two Days — Whales Dump 18.5 Million Tokens
LAB, a top altcoin, experienced a devastating 53% collapse over two days as whales transferred 18.5 million tokens ($18.69 million)** to Aster. On July 12, **10.5 million LAB tokens ($9.15 million) were sent to Aster, triggering a 37% drop to $0.56** within 11 hours. The previous night's transfer of **8 million tokens ($9.54 million) had already pushed the price down 26% to $0.89. Since July 10, the token has lost over half its value.
Risk reminder: Insider token movements often precede further selling pressure. Altcoins with low liquidity face extreme volatility.
