LAB crashes 56% as insider dumps $18.3 million worth of tokens

LAB fell about 56% after a wallet first funded by the LAB team sold 18.4 million tokens worth roughly $18.3 million through Aster. On-chain investigator ZachXBT said the sales happened over 48 hours and dragged LAB from about $1.20 to $0.55. The crash occurred just before token drops were supposed to begin, and although the...