@尔当心往

Closed position on $LAB

$LAB shorted LAB, believing in the decline But the market skyrocketed all the way Unrealized loss -247%, 1.41x leverage completely wiped me out I originally wanted to make some living expenses from contracts In the end, I lost everything, completely broke Turns out this market never makes sense It only deals in fate

Brother Mao, my outcome should be the same as yours. I've already paid over 200 in funding fees $LAB @OKX中文

I'm going to close my position, I can't bear the funding rate anymore $LAB

It's all gone, everything is gone, at this point the ones I feel most sorry for are still my family $LAB

The funding rate is about to explode, $LAB funding rate, I can't withstand it anymore

Can't take it anymore. Can't sleep $LAB

$LAB I can barely hold on to the funding fees anymore Shorting LAB with 1.41x low leverage, originally planned to short steadily at a high level But the price shot straight from 3.9 to 8.2, doubling and taking off Floating loss is already -151.85% The most brutal part isn’t the floating loss It’s the funding fee charged every 4 hours Watching my balance get drained bit by bit The higher the market rises, the higher the notional value of the position, the harsher the funding fees Floating loss is dropping, funding fees are sucking blood, a double betrayal Now I really can barely hold on to just the funding fees Shorting altcoins, you never know where the ceiling is In the face of an absolute trend, all predictions seem like a joke This futures path, one wrong step leads to mistakes all the way, it’s so exhausting

$LAB Great, great, it's going to break even No need for c2c anymore

The Dilemma Before the $LAB 8.80 Threshold: AI Terminal Product Is Genuine, But the On-Chain Evidence Paints a Different Picture You Need to Weigh (Based on the latest integrated information, Original: @尔当心往) (Summary and analysis results at the end for quick reading) LAB is currently at 8.66. The 1-hour chart shows a textbook bullish structure—EMA7 supported at 8.25, 7.80 is the entire bottom platform, and the first strong resistance is at 8.80. Only after breaking through 8.80 can the psychological extension to 9.50 be discussed. But broadening the perspective, the entire price movement from the low after the TGE at the end of October, the single-day +364% surge in early May, to repeatedly testing the top near 7, the public aggregated data paints a far more complex picture than just "AI narrative + App launch catalyst." 1 The discrepancies in public site reports on LAB's circulating supply already indicate issues. For the same coin, you can see a strict count of about 77 million tokens and a broad count of 310 million tokens, a fourfold difference. The total supply anchored at 1 billion tokens is correct, but the gray area in between—no one can clearly tell how many are truly in retail hands and how many are lying dormant in related addresses awaiting instructions—is exactly why on-chain detective ZachXBT put up a $10,000 bounty. 2 ZachXBT’s accusation is straightforward: related wallet clusters may control over 95% of the supply, and since late April, billions of LAB have been intensively aggregated from perpetual contract hot wallets to multiple venues. Subsequently, the price started stepping up—first breaking 1, then surging to 5, and FOMOing all the way near 7.5. He also revealed a specific on-chain clue: a shell company signed a private loan contract with a monthly interest rate of 7.5%, with default clauses allowing repayment in LAB at market price—meaning the high price itself is the "repayment source," highlighting a conflict of interest. More unsettling is the OTC side: sources piece together a picture where KOL allocations received discounts of 60% or even 80%, with the condition of continuously promoting before unlocking; non-cooperation leads to blacklisting—this kind of constructed buying heat depends on price itself, not product usage. 3 To be fair, the product is not vaporware. Multi-chain terminal aggregating Solana/ETH/BNB execution layers, AI routing splitting orders to reduce slippage, a 0.5% fee structure, and a mobile app launched in May—all are verifiable functional iterations. The platform self-reports processing over $800 million in transaction volume within two months, which is credible. The buyback and burn narrative is also present: the team has publicly repurchased over $2 million, and the deflation loop tied to trading volume makes sense on paper. But the old problem remains: The product took two years to build, the price was pumped in five days, and the real circulating supply mystery means the "market cap/FDV" figures can only serve as sentiment indicators, not valuation anchors. When FDV is pushed to the $6 billion level, even if half of the hidden related chips decide to sell simultaneously, the $7 million effective depth in the order book instantly becomes a cash register. 4 So how to handle the 8.66 candle— The 8.25–8.40 pullback zone is only worth a light position test if supported, volume shrinks, and EMA7 does not turn downward. Stop loss firmly below 8.20; don’t make excuses for a "possible rebound." 8.80 must see a real breakout with volume doubling at the breakout tick to chase; chasing early is just providing liquidity for others. A close below 7.80 is a direct exit—no debate. Breaking this line means the bottom framework is dismantled, with no structural support below. By the way, about SOL—LAB’s routing layer is tied to Solana execution flow. If SOL loses momentum and weakens, this high-beta, low-circulation asset is the first to be pulled out. Conversely, "SOL stabilizes → LAB benefits" is only a sentiment safety net, not a fundamental one. 5 The most important hidden trigger is not in the RSI reading but in large on-chain transfers alert. ZachXBT tracked related addresses moving nearly 100 million LAB from perpetual venues to a dozen new wallets—the destination of these coins, whether they circle back to the order book, or go through OTC dark pools, tells you more about whether 8.80 is a true breakout or the last distribution than drawing a trend line. Summary Judgment line: Whether 8.80 can close with volume and real body above it; only then is the door open to 9.50 extension. Failure line: Close below 7.80 with real body; breaking this kills the entire structure—don’t wait for explanations, just exit. The next trigger depends on two things happening simultaneously—volume must double at the 8.80 breakout moment, and no more large on-chain aggregation/transfer alerts; missing either means above 8.80 is a distribution zone, not a breakout zone.