LAB Plunges 94% in 3 Days, Suspected Insider Address Transfers 7.99 Million Tokens

According to on-chain analyst Ai Yi (@ai_9684xtpa), $LAB flash crashed from $17.68 to $1.05 within three days starting from July 6, a decline of 94%, with the coin price falling back to the level before the suspected market manipulation began two months ago. Meanwhile, suspected insider addresses remain active on-chain, having transferred 7.99 million LAB to three new addresses 3 hours ago; currently worth about $9.24 million, this batch of tokens was worth as high as $141 million three days ago, and the purpose of the transfer is currently unknown.