I’m thinking, unless LAB is fully spot-controlled, there’s no way this kind of market manipulation is profitable. Otherwise, why wouldn’t they just long and eat all the upside? Dumping 75%-80% at once—unless every account is leveraged under 1x, wouldn’t they get rekt themselves too? So this damn whale must be in total spot control, waiting for the chance to pull a crazy pump and liquidate everyone. But there’s too much copycat money in the game, so they have to keep washing the price in a huge range, shaking everyone out before the real move. Trust me, there’s no other play here. If you’re in this, only ride small positions. Go heavy and you’re just asking for pain.