Well, damn. Binance Futures smart-money trader Single Wife once had $2.19 million in unrealized profit from a single long on「$龙虾 」, but eventually exited at a loss of $907,000, giving back all the profits 🥶

After a friend pointed it out in a DM, I checked and saw that Lobster hit an all-time high of $0.3143 on 09.21. After liquidating the shorts, it plunged all the way down and wiped out the longs too.

Single Wife is one of the most representative public accounts among them: holding 18.29 million Lobster tokens (worth $5.75 million at the peak), they entered at $0.1277 and, after holding for a month, closed the position and exited on 10.02 at an average price of $0.09374. In the end, it was all just a dream.

Wallet address: https://www.binance.com/zh-CN/smart-money/profile/5037736094661936641?rankingType=PNL&timeRange=24h