Giant Whale deposited 60000 SOLs into Binance, resulting in SOL investment losses of 7.38 million US dollars

According to Onchain Lens monitoring, the giant whale "HXXQk" deposited 60000 SOLs worth approximately 4.42 million US dollars into Binance. The giant whale had previously withdrawn 111945 SOLs (valued at $17.16 million at the time) through pledging, and then returned them to the exchange for a value of $9.78 million, resulting in a loss of $7.38 million on SOLs.