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Bubblemap warning comes true as LAB token plunges 99.6 percent from record high

LAB token has fallen 99.6 percent from its all-time high, trading around $0.12. The value of holdings in 313 wallets tied to Legion presale participants tracked by Bubblemap fell to $6,768,048 from more than $1 billion, after peaking at $519,517,144 on July 3. The slide accelerated in July amid liquidations and alleged large sales. Markets are watching planned monthly unlocks of 16.23 million LAB from Aug. 14 to Dec. 14.