Yes, a lab leak of a virus collected from nature is the most plausible of these lab theories.
But the epidemiological evidence points to covid-19 originating outside wuhan entirely, that's why I find that theory less likely, among other reasons. See here:
https://www.reddit.com/r/science/comments/gk6y95/-/fqpcfs2
Also if they had collected it in nature, it would have been in their freezers, or likely that people involved in that research would have been patient zero etc. See here:
https://www.reddit.com/r/science/comments/gk6y95/-/fqpcf33
https://www.reddit.com/r/science/comments/gk6y95/-/fqpce2z
Wuhan institute of virology also aren't the labs I'm worried about. They were built and designed by very reputable people in the virology community. Not saying you should trust them, but at least recognize that the people who are most qualified to distrust them think it's unlikely.
See here: https://www.reddit.com/r/science/comments/gk6y95/-/fqpccr1
>Does this imply covid-19 has been circulating in humans a long time?
No, it implies it was relatively stable passing amongst several species of bats (and other related mammals) before a single or a few crossover events into humans recently.
It's behaving exactly like we would expect a zoonotic transmission to behave. It's not very well adapted to bats, it's not very well adapted to humans. It's sort of "promiscuous" likely because it has infected several different species over several decades before arriving in humans.