A Whale Deposits 7,000 ETH on CEX for Sale, Incurring a Loss of Approximately $16.37 Million

According to Foresight News, monitored by Onchain Lens, a certain whale has deposited 7,000 ETH into a CEX for sale, valued at approximately $16.87 million, with a loss of about $16.37 million. In the past 4 to 5 months, the whale has accumulated a purchase of 13,478.61 ETH from Binance, spending approximately $48.86 million, and currently still holds 6,478.61 ETH, valued at around $15.57 million.