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LAB Whale Transfers 18.5M Tokens to Aster, Price Crashes 53% to $0.56 in Two Days

Price Volatility

2026-07-12 03:41:51

LAB-31.91%

According to Foresight News citing on-chain monitoring data (Yixin), a LAB "whale" transferred 18.5 million LAB tokens (approximately $18.69 million) to Aster over two days, causing LAB to plummet from $1.2 to $0.56, a 53% decline.

The transfers occurred in two tranches: the first 8 million LAB (approximately $9.54 million) on the night before last triggered a 26% drop from $1.2 to $0.89; the subsequent 10.5 million LAB (approximately $9.15 million) yesterday evening pushed the price further down 37% to $0.56.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

LAB Whale Transfers 18.5M Tokens to Aster in 2 Days, Price Crashes 53% to $0.56

LAB Insider Address Transfers 10.5M Tokens Worth $9.15M to Aster on July 11

LAB Drops 94% in 3 Days; Suspicious Insider Address Transfers 7.99M LAB Worth $9.24M

LAB Drops to $0.89 After 8M Tokens Transfer to Aster, Apparent Spot Selling Causes 26% Decline

LAB Whale Transfers 8M LAB ($9.54M) to Aster Earlier Today

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