The 7-day on-chain data tells a very clear story. The top 100 holders increased their holdings by +1.92 million $LAB tokens this week. The number of holders rose from 92 to 100. During the price increase, 8 new wallets entered the Top 100. This is not retail chasing the rally; this is conviction. Exchange wallets net outflowed about 141k tokens. Exchange holdings decreased from 1,873 to 1,753. Tokens leaving exchanges = reduced selling pressure, more self-custody.

LAB13.32%
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