Dan Laopo is a public account in Binance Futures Smart Money, and anyone can check his positions. He went long on Lobster ($LOBSTER) in this trade, with unrealized profits peaking at $2.19M, but ended up closing at a $907K loss. On September 3rd, in the early hours, he opened a long position at an entry price of $0.1277, holding up to 18.29M Lobster tokens at one point. Then Lobster started climbing steadily, hitting an all-time high of $0.3143 on September 21st. In the chart, that curve was still sitting high at over $2M on September 20th—if he had closed then, he would’ve locked in the profits. But he didn’t. This pump first liquidated all the shorts, and after clearing out the short positions, the whales reversed the trend and dumped it, taking out the longs too. Dan Laopo was one of those caught in the dump. He held on for an entire month, finally closing out on October 2nd at 3 PM at an average price of $0.09374—lower than his entry price of $0.1277. The last line of the screenshot shows a realized PnL of -$907,825.93. The shorts got liquidated on the way up, the longs got wrecked on the way down, and Dan Laopo not only gave back the $2.19M in unrealized profits but also ended up losing $907K. All the money from this month went straight into the whales’ pockets.