So finally $LAB caught up with the sell pressure everyone w

So finally $LAB  caught up with the sell pressure everyone was watching. The token briefly dropped below $3 today, with the max 24-hour drawdown hitting nearly 50% before bouncing back slightly to around $3.53. What’s interesting is that despite the crash, Binance open interest is still sitting around $57.5M , meaning a lot of traders are still keeping positions open instead of fully capitulating.
Even more surprising, long interest actually ticked up a bit after the dump:
Top trader long/short ratio: 37.94% vs 62.06%
User long/short ratio: 38.98% vs 61.02%
So even after a brutal wipeout, there are still plenty of people betting the LAB story isn’t finished yet. Classic high-volatility narrative trade behavior, huge panic selling on one side, dip buyers immediately stepping in on the other.
LAB
Alpha
4.96659
+1.28%
LABUSDT
Διην.
4.9529
+0.29%