July 13, 2026·Bearish·critical issue

LAB Team Wallet Dumps 18.4M Tokens, Price Crashes 54%

A wallet allegedly linked to the LAB team transferred 18.4 million LAB tokens worth approximately $18.3 million to Aster and sold them on a decentralized exchange, according to ZachXBT. The sell-off caused the token's price to plummet by 54%, continuing the ongoing saga surrounding the project.

Detected & updated continuously · Source: Ruma

Mentioned

LAB (lab)

@zachxbt

Sources

@zippy257

Still all eyes on $LAB — the saga continues. 👀 According to @zachxbt, a wallet believed to be linked to the team transferred 18.4M LAB (worth around $18.3M) to Aster and sold directly on a DEX. In just 48 hours, LAB plunged from $1.20 to around $0.55, catching many investors https://t.co/Y49evmhPu5