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Add as a preferred source on GoogleBinance Futures Account Locks In $907,000 Lobster Loss
The account known as “单老婆” held 18.29 million Lobster tokens for about a month after the position reached a $2.19 million paper gain.
A Binance futures account known as “单老婆” closed an 18.29 million-token Lobster position for a realized loss of $907,000 after the trade produced a temporary paper gain of $2.19 million.
The account opened the position at $0.1277 and held it for about a month before exiting Oct. 2 at an average price of $0.09374. The position was valued at as much as $5.75 million during the trade.
Lobster reached an all-time high of $0.3143 on Sept. 21. The account exited after that peak.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.