$LAB update 👀

Whale longs have been reduced significantly.

Current positioning:

• $18M longs

• $15M shorts

The imbalance that fueled previous squeezes is mostly gone.

At the same time, large transfers from cold wallets to exchange-related wallets continue.

For now, the data suggests downside is more likely than another major squeeze 📉

#LAB #Altcoin Season#