A whale deposited 49,858 SOLs to Kraken in the early morning, with a loss of 3.11 million US dollars

according to Lookonchain monitoring, a whale deposited 49,858 SOL (approximately $8.46 million) into Kraken 7 hours ago and suffered a loss of $3.11 million. 6 months ago, the whale withdrew 48,185 SOL (approximately $11.58 million) from Kraken at a price of $240 per unit and staked them. During this period, they earned 1,673 SOL (approximately $286,000) in staking rewards, but ultimately lost $3.11 million due to the price drop.