LAB: Whale Moves 8M Tokens to Aster at $1.01

LAB whale transferred 8 million tokens valued at $9.54 million to Aster half an hour ago after the token plunged from the $20 zone to $1.01, echoing the earlier 100 million LAB withdrawal from Bitget that represented 32% of supply.

The same addresses previously moved 1 billion LAB in May when price sat near $5 and later mirrored RAVE pumps; traders now debate whether the latest flow sets up spot selling or a coin-margined long on Aster.

With price testing upper Bollinger resistance at $6.13 while RSI flashes oversold at 23.85 and MACD prints a bullish golden cross at -2.6, a healthy retracement to the 50-EMA support at $7.34 appears probable before any continuation attempt, as the broader bearish structure capped by the 200-EMA at $10.71 keeps longer-term pressure intact.