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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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A certain Large Investor staked KAITO two months ago and has deposited it back to CEX, with a book loss of 1.17 million dollars.
Odaily News According to encryption analyst Ai Yi @ai9684xtpa's monitoring, a suspected large investor or institution withdrew 1.79 million KAI from CEX on May 29 at an average price of $2.23, worth about $3.99 million at that time. 10 hours ago, the address recharged the remaining KAITO back to CEX, currently only about 2.82 million dollars remain, during which the price of the currency dropped by 43%, resulting in a paper loss of about 1.17 million dollars. The user had previously used this batch of KAITO for staking, and it is currently unclear whether the staking rewards can compensate for the losses.