Behind the LAB plunge, on-chain data is becoming the market’s “magnifying glass”

In the past, many investors could only judge market trends through candlestick charts. Now, on-chain data is becoming increasingly transparent, and LAB’s selloff is a typical case.
According to on-chain monitoring, over the past two days, 18.5 million LAB were transferred into the Aster trading platform in two batches, after which the price quickly fell by 53%. At the same time, analysts noted that the relevant addresses previously received a large amount of LAB tokens and still hold a considerable amount of assets.
The biggest value of on-chain data is helping the market spot risks earlier. When large addresses begin to transfer funds frequently and exchange balances increase rapidly, it often means the market may be about to face new selling pressure.
Of course, on-chain data cannot directly prove selling behavior, nor can it serve as an investment basis, but it can help investors observe fund flows more comprehensively and enhance their risk awareness.
As blockchains become more transparent, in the future investors will not only need to watch candlestick charts, but also learn to analyze on-chain wallets, fund movement, and changes in holdings.
For the entire industry, a transparent data environment is driving the market toward gradual maturity, and it also makes the price formation mechanism more open. #LAB两日腰斩53%