LAB Whale Moves 18.5M Tokens to Aster, Triggering 53% Price Drop
2026-07-12 08:31

Woofun AI data shows that a significant LAB holder transferred 10.5 million $LAB, valued at $9.15 million, to Aster in the previous night. This action contributed to an 11-hour decline of 37%, pushing the token price to $0.56. Over the two-day period, the entity moved a total of 18.5 million LAB, equivalent to $18.69 million, which halved the asset's value from $1.20 to $0.56, representing a 53% decrease. Earlier, a separate transfer of 8 million LAB, worth $9.54 million, had previously caused a 26% drop from $1.20 to $0.89.

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LAB
$LAB
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