"LAB Market Maker" Transfers 18.5 Million LAB to Aster in Two Days, Price Drops 53%

CoinFeed July 12 news, according to on-chain analyst Yu Jin, the "LAB market maker" continued to transfer 10.5 million $LAB ($9.15 million) to Aster last night, LAB fell 37% in the past 11 hours to $0.56. In two days, 18.5 million LAB ($18.69 million) halved the price, from $1.2 to $0.56 (-53%). Earlier, after the "LAB market maker" transferred 8 million LAB ($9.54 million) to Aster, LAB price dropped from $1.2 to $0.89, down 26%.