A Whale Deposits $6.1 Million Worth of PEPE to CEX, Incurring a Loss of $3.48 Million

According to Onchain Lens monitoring, a certain whale deposited their remaining 60 billion PEPE tokens (worth approximately $6.1 million) into a centralized exchange (CEX), resulting in a loss of $3.48 million for the whale. Previously, this whale had withdrawn 2.2 trillion PEPE tokens (worth about $27.73 million) and, after holding them for a month, deposited them back into the exchange at a value of $24.25 million.