PANews reported on May 8th that, according to on-chain analyst Ai Yi, the LAB project-related address 0xf09…2Bd0b received 3.66 million LAB tokens (US$14.07 million) from the multi-signature address 0x36F…0C291 nine hours ago. The source address of these funds can be traced back to the LAB token deployment address. Subsequently, this address transferred 2.125 million tokens to two contract addresses; the purpose of these transfers is currently unclear. After being questioned and experiencing a sharp drop in price by ZachXBT, LAB has now almost recovered its losses, rebounding to $4.54.