More than 90% of the LAB token supply is suspected to be controlled by a single entity. On-chain analysts accuse market manipulation, triggering a massive sell-off. In the market, 20% are optimistic, 80% are pessimistic, and the rest are neutral. 📈 The optimistic view argues: - LAB rebounded briefly to $4.25, rising 4.37% in 24 hours, indicating a technical rebound momentum. 📉 The pessimistic view argues: - Arkham on-chain analysis shows a single entity controlling more than 90% of the LAB supply; the internal ownership ratio could reach 95%, making the token concentration risk extremely high. - On-chain analyst ZachXBT accuses the LAB project of market manipulation harmful to retail investors; the price fell by more than 50% within an hour, and the liquidation amount reached $3.58 million. - After dropping below $3 in a short period, although there was a rebound, short contracts worth $57.5 million have not been closed, and 62.06% of those positions are shorts—downward pressure for long liquidations continues. - On-chain monitoring data shows that several addresses hold around 1% of the supply each, indicating the possibility of coordinated market control.