ZachXBT: Addresses associated with the LAB team are suspected of market manipulation and currently still hold approximately 81.5 million LAB.
On-chain detective ZachXBT stated that within the past 48 hours, an associated address early funded by the LAB team deposited 18.4 million LAB tokens into Aster and continued to sell off on decentralized exchanges, causing the LAB price to fall from $1.2 to $0.55, a cumulative drop of approximately 54%.
