LAB increased by 73%, shorts paid and still held on tight


From 7.78 to 16.67 in 24 hours,
Trading volume directly hit 1.91 billion dollars.
Even stranger,
Open interest still has 138 million dollars,
Adding 12.2% in one day.
Funding rate -0.074%,
Eight consecutive periods of shorts paying,
Equal to bleeding while adding positions.
Retail investors only 27% long,
Contracts are still at a negative premium of 0.245%,
This doesn't look like simple chasing the rise,
More like shorts being squeezed at the door.
$LAB $BTC $ETH # Short squeeze
Negative premium still exists, which level will shorts be forced to cover?
Generated using Claude Opus 4.8 model. Claude is AI and may make mistakes. Please double-check responses.
LAB53.05%
BTC-3.94%
ETH0.19%
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SeekingWealthFromAllDirections
· 9h ago
1 million tokens were transferred into 10 new wallets within 12 hours, involving approximately $480 million in potential exit liquidity. It has been questioned whether this is similar to the token-operation methods used with the previously crashed SRAVE and $RIVER tokens. If someone is trying to make a run, everyone be careful.
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