Whale Deposits 2.16 Million UNI to CEX Amid Significant Losses

A whale has deposited 2.16 million UNI tokens into a centralized exchange (CEX), according to BlockBeats On-chain Detection. The transaction, valued at $6.61 million, reflects a substantial unrealized loss of $6.39 million. The whale initially withdrew the UNI tokens from the CEX a year ago at a cost of approximately $13 million. This recent deposit highlights the significant depreciation in the value of the tokens over the past year.