BlockBeats News, May 15th, according to HTX market data, LAB experienced a flash crash of over 50% in one hour, dropping below $3 and is now trading at $2.97. According to Coinglass data, LAB saw $3.58 million in liquidations in 4 hours, with long positions being liquidated at $2.85 million.

Yesterday evening, ZachXBT once again accused the LAB project of conducting market manipulation to the detriment of retail investors, with over 95% of the tokens being held by whales.