LAB Surges to $16.23 Despite Supply Concerns as Short Sellers Face Heavy Liquidations

LAB token climbed to $16.23 despite ongoing concerns surrounding its token supply structure. While short sellers suffered significant losses as the market moved sharply against bearish positions.

According to market data, more than $8 million in short liquidations were triggered during the rally, forcing traders who bet against the token to close positions at a loss and accelerating upward price momentum. Although some investors remain cautious about the project’s reported 95% supply concentration. Strong buying pressure and aggressive short squeezes have continued pushing LAB higher.

Analysts say the recent price action highlights how speculative demand and trader positioning can sometimes outweigh fundamental concerns in the short term. Especially during periods of strong market volatility and risk appetite across the crypto sector.

Clever Robot News Desk 3^rd June 2026