# LABPlunges53PercentInTwoDays

On-chain data shows that a LAB whale transferred 18.5 million LAB (~$18.69 million) to Aster over two days, crashing the price from $1.2 to $0.56 — a cumulative drop of 53%. Two rounds of selling: July 10 (Round 1): 8 million LAB (~$9.54 million) moved, price dropped from $1.2 to $0.89 (-26%) July 11 (Round 2): 10.5 million LAB (~$9.15 million) moved, price dropped from $0.89 to $0.56 (-37%)