LAB drops to $0.89, 8 million LAB transferred to Aster suspected to be spot sell-off
According to Odaily, on-chain analyst Yujin monitored that 8 million LAB tokens entered Aster and were suspected to be sold on the spot market. The price was still $1.2 at the time of transfer, but dropped by 26% to $0.89 within a few hours. At the same time, after LAB entered Aster, LAB trading volume on Aster increased significantly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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