A certain whale cleared 1160 ETH, with a loss of up to 2.6 million US dollars

According to Lookonchain monitoring, a certain whale sold all 1,160 ETH (worth $1.83 million) after holding them for 11 months, suffering a loss of $2.6 million (-58.6%). Eleven months ago, this address withdrew 1,160 ETH from CEX (worth $4.43 million), at that time the price was $3,816 and deposited it back into CEX 30 minutes ago when the price was $1,580 resulting in a loss of $2.6 million (-58.6%).