LAB Crashes 94% Since July 6; Insider Address Transfers 7.99M Tokens Worth $9.24M in 3 Hours

LAB26.94%

According to Foresight News, LAB has crashed from $17.68 to $1.05 since July 6, a decline of 94%, as monitored by @ai_9684xtpa. Three hours ago, a suspected insider address transferred 7.99 million LAB tokens to three new addresses, worth approximately $9.24 million. The tokens were valued at $141 million three days prior.

The purpose of the transfer remains unknown, and the insider address continues to remain active on-chain.

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