From $LAB big shot being liquidated by ADL, the ultimate lie behind the coin pump

Many people only see the joke of “big shot making a fortune and getting liquidated,” but they don’t understand the most deadly signal behind it—liquidity above 6U in LAB has deteriorated to the point that even exchanges can’t hold it.
This time, LAB’s situation is a textbook-level liquidity collapse:
1. The opposing side of the bulls is completely exhausted: When the price surged above 6U, there were almost no new buy orders in the market, nor new long positions entering, all profits came from short positions being liquidated. When the losses from liquidations exceed the exchange’s reserve capacity, they can only target the most profitable longs.
2. The essence of the pump is “a one-man show without counterparties”: LAB was pumped from 0.5U to over 6U, a rise of more than ten times, seeming like a bullish frenzy, but in reality, the market makers can’t unload their goods. Because no retail investors dare to buy at high levels, a lack of counterparties means: the higher the pump, the harder it is for the market maker to sell their holdings, and they can only eat their own liquidity.