This should be ILLEGAL.
$LAB token pumped 500% in just 2 days, adding $260 million to its market cap and liquidating $26.6 million in shorts.
It then dumped 84% in just 8 hours, wiping out over $250 million and liquidating $17 million in longs.
Majority of LAB supply is controlled by the team.
Here's how this manipulation playbook works:
- Make the supply float as low as possible
- Start a pump, which will attract shorts.
- Funding will flip negative and then push some spot demand, liquidating the shorts.
- More shorts will enter, pushing funding to the max level.
- Continue to liquidate these shorts and make massive profits.
- Once retail believes the pump won't stop, start offloading supply.
- Simultaneously, short the market and make profits from both short positions and spot dumps.
- Meanwhile, retail first lost by going short and now lost by going long.

$LAB

LAB+32,26%

ReVcand

MASSIVE.

🇺🇸 Coinbase says a "BIPARTISAN DEAL" was reached on a key provision in major U.S. crypto market structure bill.

This bill will reduce manipulation in crypto and bring TRILLIONS from institutions.$BTC
$COIN

BTC-1,36%

COIN-1,22%

ReVcand

Baissier

President Trump Just Now: I am “NOT SATISFIED” with Iran’s latest proposal.

“Not sure we’re going to get to a deal.”$BTC
$BNB
down trend imminent🙃

BNB+2,18%

BTC-1,36%

ReVcand

Haussier

66BNB up for grabs🎲

ReVcand

Haussier

Early bird🫠 feels potent

ReVcand

BREAKING:👽

Bitcoin developers have proposed BIP-361 to freeze early Bitcoin addresses that have quantum vulnerabilities.

This includes Satoshi wallets and other OG dormant wallets from the 2010-11 era.

It's a big step, as these wallets hold over 4M BTC and are at high risk from future quantum computing attacks.
$BTC

BTC-1,36%