As LAB plummeted approximately 94% from $17.68 to $1.05 from the 6th until now, a suspected insider address continues to be active on-chain, 9684xtpa reported. According to 9684xtpa, the address transferred 7.99 million LAB ($9.24 million) to three new addresses approximately three hours ago. The purpose of these funds has not yet been confirmed. Previously, the global cryptocurrency community has consistently raised suspicions of market manipulation regarding LAB.
