Bubblemaps: Large-scale chip lock-up until 2027 in LAB may trigger liquidity concerns

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ME News message: On June 4 (UTC+8), on-chain data platform Bubblemaps published on the X platform an on-chain data analysis of LAB tokens. Legion’s platform pre-sale had only 313 participants, with total invested principal of approximately $1.428 million. Currently, the book value of this batch of pre-sale allocations has climbed to $977 million, and investors’ overall unrealized gains are nearing $1 billion. Constrained by the unlock rules, investors’ full allocation lock-up period extends to 2027, making it difficult to liquidate funds; the first batch of token unlocks is scheduled for July 14. Bubblemaps noted that LAB allocations are highly concentrated and layered atop a long-term lock-up economic model, harboring significant liquidity risks. The market widely worries that after subsequent rounds of unlocks are implemented, large profit-taking sell orders could create downward pressure on the market outlook. (Source: ODaily)
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ETHtop
· 5h ago
Just go for it 💪
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