Altcoins News
By Dan Saada
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Whale Positioning Tells the Story. The long-to-short ratio among tracked whale accounts sits at 260.67%.
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Charts Look Strong, Volume Doesn't. On the daily chart, the surge past $16 keeps the uptrend from May 29 intact. LAB cleared the 0.
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The August Unlock Is the Elephant in the Room. Even if LAB holds its technical structure and reaches $19, there's a much bigger event sitting on…
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LAB token popped 19% in a single day. It's back above $17, and whale wallets are piling into long positions like they know something the shorts don't.
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The move extends a rally that started off a $7 support band back on May 29. Since then, LAB has traced what chart watchers call a parabolic curve on the hourly timeframe — steep,…
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The long-to-short ratio among tracked whale accounts sits at 260.67%. That's not a small edge — that's a lopsided bet.
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The short side? Pretty much a disaster. Eighty-five short whales are holding $10.58 million in positions with only 4.70% profitability. They're staring at $1.
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Recent flow data backs up the bullish lean. In the last tracked hour, 67 whales were buyers against 35 sellers. Net buy volume came in at $490,000 versus $179,000 in net selling.
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One caveat: if LAB breaks below $13, that's probably where the story changes. That zone is the line in the sand for bulls, and losing it would likely trigger a rethink from the…
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The hourly chart is where things get a bit more complicated. The parabolic curve since the May 29 low looks impressive on a screen, but parabolas don't tend to end gently.
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See also: XRP Whales Accumulate 1.5 Billion Tokens in Six Months as Market Watches
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Thin volume is maybe the most underrated risk here. Markets can look strong until they don't, and without real depth behind the buying, LAB is somewhat exposed to any sudden…
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Even if LAB holds its technical structure and reaches $19, there's a much bigger event sitting on the calendar. A scheduled unlock of 282 million tokens is coming in August.
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Token unlocks don't automatically crater prices — sometimes the market absorbs them fine, especially if demand is strong enough.
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The $13 level becomes even more important in that context. It's not just a technical threshold — it's probably the level where confidence in the rally either holds or breaks down…
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