A certain whale has transferred 12,000 ETH to CEX. If sold, it will result in a loss of 4.95 million USD

According to BlockBeats news on July 15, EmberCN monitoring reported that a certain whale transferred 12,000 ETH (approximately $40.17 million) into Kraken about 30 minutes ago.

These ETH were withdrawn from Kraken by this address on June 4 at a price of $3,759. Although ETH has rebounded by 17% from its lowest point in the past week, if it is sold now, there would still be a loss of $4.95 million (-11%).