LAB: 8M Tokens Moved to Aster, Price Drops 26%

LAB whales shifted 8 million tokens worth $9.54 million to Aster, triggering a swift 26% slide from $1.2 to $0.89 and a sharp spike in spot volume on the venue.

The same address had withdrawn 100 million LAB from Bitget in May at roughly $5, mirroring the earlier RAVE run that carried prices from $5 to $20 before the latest collapse.

Price now sits at $0.86 beneath the EMA50 at $6.61 and EMA200 at $10.41, confirming the bearish structure, yet the MACD golden cross at -2.25 and RSI at 23.36 oversold create clear confluence for a relief bounce toward the upper Bollinger band at $2.9 before any sustained recovery attempt.