Whale Who Accumulated OM Last Month Transfers 1.724 Million Tokens to CEX, May Incur $10.11 Million Loss

According to The DataNerd monitoring, whale 0x5AC accumulated 2.9 million OM last month, worth $18.7 million at the time (with an average entry cost of about $6.45). Two days ago, he deposited 1.724 million OM into a CEX (approximately $1 million). If sold entirely, he will realize a loss of approximately $10.11 million (ROI -91%). He still holds 1.173 million OM (approximately $595,000), with an unrealized loss of about $6.97 million.