#LAB complete history: from $0.07 to $27—who took your money?
Note: original work
From $0.07 to $27 looks like a wealth-creation fairy tale, but in reality, a group of people are losing huge amounts of money.
Because the on-chain data tells a different story.
Timeline
March–April 2026
An affiliated wallet quietly deposited 226 million LAB into Bitget, then left it idle, waiting.
May 3, 2026
The price surged 364% in 72 hours. Binance perpetual shorts were liquidated for $17 million, triggering FOMO. There was no major product announcement.
May 11–12, 2026
10 new wallets withdrew 100 million LAB from Bitget, worth $483 million—32% of circulating supply—completed within 12 hours.
June 2, 2026
The historical high was $27.22.
June 3, 2026
A two-hour crash of 77% erased $6 billion in market value.
Mid-June 2026
The price rebounded from the $6–7 low to trade sideways in the $13–17 range. Whale long positions were 2.6 times higher than shorts, but trading volume shrank dramatically, casting doubt on whether there is real support.
June 27, 2026
— Current price is about $19, still down roughly 30% from the ATH.
Early July (July 1–10): manufacturing the final reason to buy
The most likely move is for the team to publish a new narrative—launching a new chain, new partnerships, new features—paired with trading mining activities to extend the run.
Price oscillates in the $17–22 range, while volume continues to dwindle, looking like “healthy consolidation.”
The only purpose during this period
August 14, 2026 (upcoming)
The first large-scale unlock window opens.
Where did the money go?
On-chain investigator ZachXBT tracked that insiders control more than 95% of the circulating supply. The funds are traceable back to the founder’s personal exchange account. The same market maker has previously manipulated RIVER, RAVE, SIREN, MYX, and SKYAI using the same method—LAB is simply the latest one.
A tracked market-maker wallet earned about $1.13 million this time. A prior case by the same insider on RIVER generated profits of over $12 million.
Why hasn’t it collapsed yet?
The tokens haven’t fully exited. Before the August 14 unlock, the price needs to be held up.
Note: original work
From $0.07 to $27 looks like a wealth-creation fairy tale, but in reality, a group of people are losing huge amounts of money.
Because the on-chain data tells a different story.
Timeline
March–April 2026
An affiliated wallet quietly deposited 226 million LAB into Bitget, then left it idle, waiting.
May 3, 2026
The price surged 364% in 72 hours. Binance perpetual shorts were liquidated for $17 million, triggering FOMO. There was no major product announcement.
May 11–12, 2026
10 new wallets withdrew 100 million LAB from Bitget, worth $483 million—32% of circulating supply—completed within 12 hours.
June 2, 2026
The historical high was $27.22.
June 3, 2026
A two-hour crash of 77% erased $6 billion in market value.
Mid-June 2026
The price rebounded from the $6–7 low to trade sideways in the $13–17 range. Whale long positions were 2.6 times higher than shorts, but trading volume shrank dramatically, casting doubt on whether there is real support.
June 27, 2026
— Current price is about $19, still down roughly 30% from the ATH.
Early July (July 1–10): manufacturing the final reason to buy
The most likely move is for the team to publish a new narrative—launching a new chain, new partnerships, new features—paired with trading mining activities to extend the run.
Price oscillates in the $17–22 range, while volume continues to dwindle, looking like “healthy consolidation.”
The only purpose during this period
August 14, 2026 (upcoming)
The first large-scale unlock window opens.
Where did the money go?
On-chain investigator ZachXBT tracked that insiders control more than 95% of the circulating supply. The funds are traceable back to the founder’s personal exchange account. The same market maker has previously manipulated RIVER, RAVE, SIREN, MYX, and SKYAI using the same method—LAB is simply the latest one.
A tracked market-maker wallet earned about $1.13 million this time. A prior case by the same insider on RIVER generated profits of over $12 million.
Why hasn’t it collapsed yet?
The tokens haven’t fully exited. Before the August 14 unlock, the price needs to be held up.