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

TechFlow news, July 10: According to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), $LAB flash crashed from $17.68 to $1.05 within three days starting July 6, a decline of 94%, with the token price falling back to the level before the suspected market manipulation began two months ago. Meanwhile, suspected insider addresses remain active on-chain, transferring 7.99 million LAB to three new addresses 3 hours ago; currently valued at approximately $9.24 million, this batch of tokens was valued as high as $141 million three days ago. The purpose of the transfer is currently unknown.