$LAB In the past 24 hours, it has crashed 16%, dropping straight through $14 from 17.68, with a trading value of 800 million—this is not a pullback; it’s big holders dumping and running away.

According to the latest data from CoinMarketCap, the $LAB outflow volume has surged 210% over the past 1 hour. The whale address 0x3f2...a9e7 transferred 1.2 million $LAB to an exchange half an hour ago, with an average cost of only $9.8, netting more than 50% profit and liquidating on the spot. This wave of selling pressure hasn’t been fully released yet; the support level near $14 has already been tested three times. If it breaks $13, it will be a waterfall.
The trading logic is simple: once the downtrend is confirmed, any rebound is just an opportunity for you to escape. Short-term trading suggestion: if it can’t hold above $14.5 tonight, short positions can be entered with a light position size using $14.2–$14.3 as the reference, with a stop loss set at $14.8. The first target is $13.5, and the second target is $12.8. Conservative traders should just observe from the sidelines and wait until the price stabilizes around $12 before considering building positions—don’t catch a falling knife.
Behind this dump are early investors and market makers coordinating to sell off; on-chain data has already exposed their intention. Has the news been fully priced in? Not yet—there are still two pending limit orders in the multi-million-dollar range below $13 that haven’t been filled.