LAB Token Price Drops 35% After Team Affiliated Entity Sells 5M Tokens
2026-07-14 15:31

Woofun AI reports that an entity linked to the LAB team transferred 17.9 million LAB tokens, valued at approximately $7.2 million, from Bitget to KuCoin yesterday. The address subsequently routed 5 million LAB to a new wallet and executed sales through Aster, driving the token price down from $0.34 to $0.22. The remaining balance continues to reside in the associated KuCoin wallet.

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Tags:
LAB
ZachXBT
Aster
Bitget
KuCoin
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