BubbleMaps reports LAB manipulated, market value exceeds $20 billion

According to updates from the on chain analysis platform BubbleMaps, there are signs of LAB being manipulated. Chain detective ZachXBT pointed out two weeks ago that LAB supply is controlled by insiders, and CEX allows related market making activities to continue. LAB once fell by 30%, but recently its market value has exceeded $20 billion, once ranking among the top 20 in terms of market value. Before the price surge, the position of address 0x1284 (Aster) increased from 8 million to 220 million, involving over 200 million US dollars in funds. In addition, tokens such as RAVE, SKYAI, and PIPPIN have also been accused of showing signs of manipulation.