Arkham: Over 90% of LAB tokens, with a market capitalization of $4 billion, are suspected to be controlled by a single entity

According to ChainCatcher, Arkham Intelligence has issued a warning about the token concentration of the crypto project LAB, which has a market capitalization of 4 billion USD. On-chain analysis published on X suggests that a single entity may control more than 90% of the token’s supply, and on-chain analyst ZachXBT points out that the internal holding ratio could be as high as 95%.