LAB: Aster Transfers Push Price to $0.52

LAB whales transferred another 10.5 million tokens valued at $9.15 million to Aster overnight, extending the two-day selloff that already halved the price from $1.2 to $0.52.

The latest leg followed an earlier 8 million token move that triggered a 26% decline, bringing total transfers to 18.5 million LAB worth $18.69 million and producing a 53% crash in 48 hours. The same entity had withdrawn 100 million tokens from Bitget in May near $5 before riding the subsequent rally that mirrored RAVE gains toward $20.

Price action on the 4h chart shows LAB testing the lower Bollinger Band at $0.52 while RSI sits at 22.49 in oversold territory and MACD prints a bullish golden cross at -1.73; however the broader structure remains bearish with price far below both EMA50 at $5.53 and EMA200 at $9.93, leaving upper resistance at $1.4 as the next volatility target once any short-covering bounce exhausts.