$LAB is down -10.33%, but smart traders are still heavily positioned long.

🟢 Long positions — $2.94M
🔴 Short positions — $1.54M

243 traders are LONG
274 traders are SHORT

But here’s the key 👇

🟢 Longs — -$2.59M unrealized loss
🔴 Shorts — +$981.6K unrealized profit

Only 18.51% of longs are profitable, while 84.30% of shorts are in profit.

With the Long/Short ratio at 190.35%, the long side is under serious pressure.

If $LAB fails to recover, more downside could follow. 👀

#LAB #Crypto #trading