- BubbleMaps said on August 12 that LAB has fallen 99% since its warning in early June.
- The holdings of the 313-investor presale group that BubbleMaps was tracking is now worth about $6.8 million.
- The LAB token peaked at $27.22 and is now trading near $0.12.
LAB token, which the blockchain analytics firm BubbleMaps warned holders about, has fallen 99%.
The token’s combined value of an early presale group has dropped from about $1 billion to roughly $6.8 million.
Why did LAB crash?
The LAB crash started in early June, just days after it hit its all-time high of $27.22. BubbleMaps first warned holders on June 4 that the token’s on-chain patterns would get “ugly.” At that point, presale participants were sitting on more than $1 billion in unrealized paper profits that they could not touch.
By July 3, LAB had already fallen 72% from its June high to about $7.20. BubbleMaps tracked the same 313 wallets that participated in the presale on Legion. Those buyers put in $1,428,359. On July 3, their combined holdings were valued at $519,517,144.
By August 12, that figure had fallen to just $6,768,048.
Cryptopolitan reported that on July 8, the token dropped about 85% in a day to under $2, forcing leveraged traders to sell on Binance’s perpetual futures market. Days later, on July 12, a wallet that ZachXBT tied to the LAB team sold $18.3 million of tokens through the exchange Aster, dragging the price from roughly $1.20 to $0.55.
The token is now trading near $0.12, representing a 99.6% drop from its all-time high. The market capitalization currently sits at about $52.6 million, with a circulating supply of roughly 455 million tokens against a 1 billion maximum.
Who controls the supply of LAB?
In May 2026, ZachXBT alleged that insiders held more than 95% of the token’s supply and had inflated the price through coordinated market-making on centralized exchanges.
His report described private loans routed through the project’s British Virgin Islands entity, The Lab Management Ltd., with founder Vova Sadkov signing as director. One contract charged 7.5% a month and let the borrower repay in LAB “at market price.”
His investigation also detailed offers from the company to key opinion leaders at discounts as steep as 80%, with token releases tied to promotional posts. ZachXBT called on Binance, Bitget, and Gate.io to freeze insider profits or delist LAB.
None of the three has publicly acted on that demand. LAB launched in October 2025, and its team has not issued a public rebuttal to the allegations.
When locked presale tokens become tradable, holders who have watched their positions shrink for two months finally get a chance to sell.
Monthly unlocks of 16.23 million LAB are scheduled from August 14 through December 14, 2026. Additionally, 70.8% of the token supply is marked as “Untracked,” meaning these tokens may unlock at any time.
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FAQs
How much has the LAB token fallen?
BubbleMaps said on August 12 that LAB is down 99% since its warning, and CoinMarketCap listed the token near $0.12, about 99.6% below its all-time high of $27.22 set on June 2, 2026.
What happens to LAB on August 14?
August 14 is the first cliff unlock, when locked presale tokens become tradable, which BubbleMaps expects to add selling pressure to an already falling price.
What did ZachXBT allege about LAB?
ZachXBT alleged in May 2026 that insiders controlled more than 95% of LAB's supply and inflated the price through coordinated market-making, opaque private loans from a BVI-registered entity, and discounted deals offered to key opinion leaders.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Hannah Collymore
Hannah is a writer and editor with nearly a decade of blog writing and event reporting experience in the crypto space. At Cryptopolitan, Hannah contributes to the news page, reporting and analyzing the latest developments in DeFi, RWA, crypto regulation, AI and frontier tech industries. She graduated from Arcadia university with a degree in Business Administration.
