Crypto Whale Records $4M Loss After Depositing Long-held Assets to CEX

Gate News bot message, a notable cryptocurrency whale executed multiple deposits to centralized exchanges (CEX), resulting in a substantial loss exceeding $4 million on previously held assets for over one year.

The transactions included 3.43 million ONDO tokens valued at $1.69 million with a loss of $1.03 million, 621,914 WLD tokens worth $387,000 with a loss of $1.11 million, 967,558 FET tokens at $243,000 with a loss of $1.07 million, and 623,055 ARKM tokens valued at $146,000 with a loss of $1 million.