$LAB

token pumped 500% in just 2 days, adding $260 million to its market cap and liquidating $26.6 million in shorts.

It then dumped 84% in just 8 hours, wiping out over $250 million and liquidating $17 million in longs.

Majority of LAB supply is controlled by the team.

Here's how this manipulation playbook works:

- Make the supply float as low as possible
- Start a pump, which will attract shorts.
- Funding will flip negative and then push some spot demand, liquidating the shorts.
- More shorts will enter, pushing funding to the max level.
- Continue to liquidate these shorts and make massive profits.
- Once retail believes the pump won't stop, start offloading supply.
- Simultaneously, short the market and make profits from both short positions and spot dumps.
- Meanwhile, retail first lost by going short and now lost by going long.