ZachXBT releases an investigation accusing insiders at LAB of controlling over 95% of the supply and engaging in market manipulation, then LAB drops more than 50% within an hour, triggering market panic. In the market, there are no bullish views, 80% bearish views, and the rest neutral. 📈 Bullish views argue: No 📉 Bearish views argue: - On-chain detective ZachXBT accuses insiders at LAB of controlling over 95% of the supply, having private loans, OTC discounts, unilateral key changeovers, fund mixing, and other market manipulation behaviors, causing serious information asymmetry for retail investors. - LAB drops more than 50% within an hour, falling below $3, with liquidation losses of $3.58 million, including long position liquidation losses of $2.85 million, with market risk released in an extreme manner. - Arkham's on-chain analysis warns that a single entity may control over 90% of the LAB token supply, on-chain analyst ZachXBT shows that the internal ownership proportion could reach 95%, with very high token concentration.

LAB2.47%
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