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LAB "Flash Crash" Plunges Over 80%, $24-Hour Contract Liquidation Surpasses All Platforms

BlockBeats News, May 3rd, according to HTX data, LAB experienced a flash crash this morning after breaking through $4.1, dropping to as low as $0.6708, plummeting over 80% within 6 hours, and has now rebounded to $1.19.


The total net value of LAB contract trading liquidations in the past 24 hours amounted to $39.39 million, ranking first. Long liquidations totaled $15.42 million, while short liquidations totaled $23.97 million.

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