ZachXBT Accuses LAB Team of Market Manipulation, Holding 81.5 Million LAB
Prefer us on Google
The LAB team transferred 18.5 million LAB to Aster within two days, causing its price to drop by 53%. On-chain detective ZachXBT stated that this entity received over 196 million LAB from the LAB team in April 2026, which was then transferred in batches to Bitget-related deposit addresses. In mid-May, it withdrew to ten addresses from Bitget and remained dormant for a long time until it transferred again to Aster this week. The entity currently still holds about 81.5 million LAB. ZachXBT emphasized that he has raised concerns about the LAB team's lack of transparency regarding private placements and over-the-counter transactions, unilateral adjustments to ownership arrangements, and the highly concentrated supply. He expressed disappointment that the relevant trading platforms have not taken action against suspected market manipulation.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
World Liberty Launches USD1 Payment Perpetual Contract Market
Aster Launches Vault Beta Feature, Users Can Share Profits and Risks
Suspected Insider Address Transfers $9.15 Million in LAB Tokens to Aster
ASTER to Unlock $104 Million in Tokens on July 17
Short Selling 3,753.56 SNDK with 10x Leverage at a Certain Address, Floating Profit of $116,000
He Yi: CZ has not participated in Binance's operations at all since 2023, and Aster is one of the BNB Chain projects invested by Binance Labs
Aster upgrades its token economic model, increasing the buyback and burn ratio to 198%
Aster supports bStock as collateral for perpetual contracts on the BNB Chain, initially covering four assets including TSLAB
Data: The overall loss of long positions for the giant whale Loracle is 6.65 million USD, and the loss for ZEC long positions exceeds 3.2 million USD
Franklin Templeton gets SEC clearance to add BENJI to ETFs
AI Debt Reaches $500 Billion, Testing Corporate Bond Supply in September
Injective Obtains SEC Transfer Agent Registration to Expand Tokenization Efforts
An Account with Institutional-Level Configuration: BiFu Wealth Management Sector Takes Shape, Integrating Financial Products and RWA into One Entry Point
Bitget UEX Daily Report | US Treasury Buybacks Double; Anthropic Files for IPO by End of Month; US Stocks Retrace Gains (August 21, 2026)
Important News from Last Night and This Morning (August 20 - August 21)
Silver and Platinum Jump More Than 2.5% | WEEX TradFi Daily (August 21, 2026)
U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.
After Two and a Half Years of Startup, the Company Becomes More 'Traditional' After Full AI Integration
11 Predict No Change, 10 Predict Increase: August Monetary Policy Committee Outlook Divided
Goldman Sachs: The Dollar May Become a Pressure Relief Valve for U.S. Fiscal Strain
Maya Protocol Loses Approximately $1.7 Million Due to Exploitation of Six Vulnerabilities, Over 20 BTC Affected
SEC Unveils New Regulations, Bullish Outlook
Stablecoins, Agentic Commerce, and AI Through the Lens of Mastercard
Five Paradoxes of Artificial Intelligence
Real Asset Trading at 54%, Fee Contribution at 8.3%
Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC
Arthur Hayes defends his AI agent network despite seeing a bubble in the sector
Two Binance Employees Detained in UAE Released Amid Financial Crime Investigation - NYT
US Long-Term Yields Rise Again, Hitting Wall Street
ETH Airdrop Guide: How to Claim 50,000 USDT Rewards on WEEX
Trump Crypto Summit: How Clarity Act Could Impact COIN and MSTR
World Liberty Launches USD1 Payment Perpetual Contract Market
Aster Launches Vault Beta Feature, Users Can Share Profits and Risks
Suspected Insider Address Transfers $9.15 Million in LAB Tokens to Aster
ASTER to Unlock $104 Million in Tokens on July 17
Short Selling 3,753.56 SNDK with 10x Leverage at a Certain Address, Floating Profit of $116,000
He Yi: CZ has not participated in Binance's operations at all since 2023, and Aster is one of the BNB Chain projects invested by Binance Labs
