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Detective Hammer and the Market Maker’s Price-Backing: LAB Gets Dragged Into a Manipulation Storm……
Top on-chain detective ZachXBT publicly accuses the LAB project team of manipulating the coin’s price and offers a reward of **ten thousand yuan** to collect evidence. Soon after, the linked address was found to have transferred tokens worth more than **$14 million**. Many friends are strongly worried that the project team has fled or is maliciously driving the trade!
Under the accusations, the price once flashed crashed by over **25%**, but then—strangely—quickly surged back to around **$4.5**. This deep V-shaped reversal is enough to prove that the coin is highly controlled: the market maker directly forces support at the lows, leaving no breathing room for the shorts.
At the moment, both longs and shorts are getting wiped out in the market, and in the community some people are cursing the detective for stirring things up, while others fear the market maker will cut the leeks. Although on-chain data shows huge inflows of funds, spot price-support and contract liquidations are both playing out at the same time, putting retail traders in an intensely tangled state—wanting to push upward, yet also afraid.
Friends watching this trade are focused on the **$3.787** level: if it can hold and run up, then there’s “a point”—it’s worth following. If it breaks below, then get out quickly. A coin this heavily controlled could spiral!
One last thing—I think ZachXBT definitely holds large short positions. What do you think? $LAB #Gate广场五月交易分享