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LAB Crashes Over 80%, Leading Liquidations in 24-Hour Contracts
On May 3, according to data from HTX, LAB experienced a flash crash this morning after surpassing $4.1, plummeting to $0.6708, a drop of over 80% within 6 hours, and has since rebounded to $1.19. In the past 24 hours, LAB contract liquidations across the network totaled $39.39 million, ranking first, with long positions liquidating $15.42 million and short positions liquidating $23.97 million.