LAB Token Crashes 85% Ahead of Airdrop Unlock, ZachXBT Calls Out Binance, Bitget, and Gate
The post LAB Token Crashes 85% Ahead of Airdrop Unlock, ZachXBT Calls Out Binance, Bitget, and Gate appeared on BitcoinEthereumNews.com. LAB token just lost 85% of its value in under 24 hours, collapsing from $14, a price that implied a $14 billion fully diluted valuation, to just under $2. On-chain investigators and market watchers are describing it as a textbook case of insider-controlled price manipulation playing out in plain sight. ZachXBT has publicly called out Binance, Bitget, and Gate by name for failing to take action, and a separate on-chain analyst is flagging suspicious wallet activity that suggests the worst of the selling pressure may not be over yet, with an airdrop unlock still pending. The combination of insider-controlled float, late vesting schedule changes, and a dev wallet moving tokens to a centralized exchange right before a community airdrop is claimable has put the LAB situation on the radar of anyone paying attention to how token launches go wrong. An 85% Cra