Bubblemaps: LAB Large Stake Locked Until 2027 May Raise Liquidity Concerns
Odaily reported that on-chain data platform Bubblemaps published an analysis of the LAB token on-chain data on the X platform. The token's presale on the Legion platform had only 313 participants, with a total investment principal of approximately $1.428 million. Currently, the market value of this batch of presale chips has soared to $977 million, with investors collectively holding unrealized profits nearing $1 billion. Subject to unlocking rules, the full lock-up period for investors' shares extends until 2027, making it difficult to realize funds. The first batch of tokens will only unlock on July 14. Bubblemaps cautioned that the economic model of LAB, characterized by highly concentrated holdings and long-term lock-ups, harbors significant liquidity risks. The market is widely concerned that after subsequent rounds of unlocking, large profit-taking entities may trigger selling pressure on the asset.
