$LAB JUST LOST 97% FROM ITS ATH – WHAT HAPPENS NEXT 👀
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A wallet linked by on-chain investigator ZachXBT offloaded millions of
$LAB tokens, triggering a violent cascade. The token now sits nearly 97% below its peak, with open interest evaporating and liquidity thinning rapidly across order books.
The market is absorbing the news, but on-chain data shows the same wallet still holds a significant balance. Until that overhang clears, any bounce is suspect. The real question is whether this becomes a full liquidity vacuum or a eventual reaccumulation zone.
Are you shorting the next dead-cat bounce or staying in cash?
Not financial advice. Always manage your risk.
#LAB #CryptoDrama #DeFi #SellOff ⚡