According to Wu Blockchain, on-chain detective ZachXBT issued a community warning stating that over the past 48 hours, entities linked to the LAB team sold 18.4 million LAB tokens (approximately $18.3 million) on DEXs, causing the token price to plummet 54% to $0.55. ZachXBT revealed that in April this year, these entities received over 196 million LAB tokens from the LAB team, which were then transferred to four Bitget deposit addresses. In May, around 100 million LAB tokens were withdrawn from Bitget and dispersed across 10 addresses, remaining untouched until this week when transfers began to three Aster deposit addresses. Currently, approximately 81.5 million LAB tokens are still held. ZachXBT criticized the team's lack of transparency in market-making activities and expressed disappointment in major exchanges for not taking any intervention measures. https://(wublock123.com)/news/zachxbt-tracks-lab-linked-entities-holds-81-5m-lab-64471