I’ve come across some new information about $LAB.

Around 98% of the total supply appears to be concentrated in just 8–9 wallets, which seem to be controlled by the team. That level of concentration can make price action extremely volatile and easier to manipulate.

The remaining 2% is held by regular investors like me and you.

Based on my analysis, this setup looks risky and could end in a sharp correction if team-controlled wallets start distributing their holdings.

My current $LAB position is down $3,200, but I still believe the downside risk is significant.

When a handful of wallets control most of the supply, the price can stay irrational for longer than expected — but when these structures break, they usually unwind very quickly.