Binance Futures Account Locks In $907,000 Lobster Loss
Photo: TokenPost
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 reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
