Never short LAB LAB currently has a market cap of 4.2 billion, with $600 million in open interest on contracts. The contract-to-spot ratio is 14%, meaning contracts are completely dominating the spot market. Even after the FUD a few days ago, the open interest on contracts hasn’t decreased—instead, there was a short squeeze in the middle, and the main players’ contract positions are still intact. Looking at the long-to-short ratio by number of traders and the long-to-short ratio among large accounts, it’s clear that retail investors are extremely bearish. Even small and large accounts are shifting towards bearish positions, but the main players are holding their long positions steady without any movement. So, at this price level, LAB is likely to pump again to liquidate shorts before the main players close their long positions and start opening shorts. At that point, the contract OI will change dramatically, and when the price starts dropping, it’ll keep dropping. #LAB