“Single Wife” closed the position in 18290000 LOBSTER tokens LOBSTER, with the report stating that it ultimately lost 907000 USD and gave back all profits.
Article
Binance futures smart-money account “Single Wife” ultimately lost money going long on LOBSTER 907000 USD Exits the position
PANews October 10 reported that, according to monitoring by Ai Yi, the Binance futures live-trading smart-money account “Single Wife,” which had previously gone long on “LOBSTER” (LOBSTER) and reached unrealized profit of 2190000 USD, ultimately exited at a loss 907000 USD, giving back all profits. The account previously held 18290000 LOBSTER tokens, which were worth 5750000 USD at the peak, and held the position for approximately 1 months before, on October 2, closing the position at an average price of 0.09374 USD. LOBSTER had previously, on September 21, reached an all-time high of 0.3143 USD, before subsequently falling sharply.
PANews stated that the information came from monitoring by Ai Yi.
02
The report described “Single Wife” as a Binance futures live-trading smart-money account.
03
The account previously held 18290000 LOBSTER tokens LOBSTER, which were worth 5750000 USD。
04
The account’s unrealized profit from going long on LOBSTER once reached 2190000 USD。
05
After holding the position for approximately 1 months, the account, on October 2, closed the position at an average price of 0.09374 USD.
06
The report stated that the account ultimately lost 907000 USD upon exiting and gave back all profits.
07
LOBSTER It previously, on September 21, reached 0.3143 USD, before subsequently falling sharply.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news describes the result of an account’s trading in LOBSTER: it had substantial paper profits during the holding period but did not exit at that time; later, as the price fell, the account’s result changed from profit to loss when it closed the position. Unrealized profit is the paper gain calculated using the prevailing price before a position is closed; it is not profit that has already been realized.
Why it matters to readers
This shows that high unrealized profit does not equal final profit; the timing of closing a position and price fluctuations can significantly affect trading results. This event only clearly reflects the position and profit-and-loss situation of one account and cannot be used to confirm LOBSTER subsequent trend or overall market impact.
Beginners can use this to understand unrealized profit, closing a position, and price retracement: before a position is sold, paper profit may disappear as the price changes and may even turn into a loss.
Risks and unknowns
The core data came from monitoring by Ai Yi; the original text did not provide the account address, transaction records, or other independently verifiable materials.
The true identity of “Single Wife” and the basis for classifying it as “smart money” were not explained.
The original text did not explain the specific calculation methods for the loss, position size, peak value, or average closing price.
It is impossible to confirm from the trading results of a single account LOBSTER future price, trading volume, or market selling pressure.
Related Developments
Loading event timeline…
Related concepts
Going Long
A trader establishes a corresponding directional position in a contract in anticipation of the underlying asset’s price rising.
