A certain address transferred 911,000 UNI to CEX, with an expected loss of 1.41 million US dollars

According to on-chain analyst Yu Jin, about 20 minutes ago, an address transferred 911,000 UNI (worth $7.39 million) into CEX. This individual had withdrawn these UNI from CEX at a price of $9.66 per unit during June-July. Subsequently, the price of UNI plummeted to $5.37 each. With the recent rebound in UNI's price to $8.13 each, they chose to transfer their UNI back into the exchange platform. However, the current price is still lower than their withdrawal price; if sold now it would result in a loss of $1.41 million (-16%).