Binance Futures smart money trader "Dan Laopo" went long on Lobster, reached an unrealized profit of $2.19 million before reversing course, and ultimately exited the position at a

On October 10, according to on-chain analyst Ai Yi (@ai_9684xtpa), the Binance futures live smart money account "Dan Laopo" held 18.29 million lobster longs at an entry price of $0.1277. When the Lobster token reached its all-time high of $0.3143 on September 21, the account's peak floating profit briefly hit $2.19 million (with a position value of $5.75 million). However, the token subsequently plummeted, and the account closed the position at an average price of $0.09374 on October 2, ultimately incurring a loss of $907,000 and wiping out all profits.