According to Golden Finance, according to Ember@EmberCN monitoring, a suspected whale or institutional investor suffered heavy losses in investment operations from October to date last year, with a loss of more than US$22.42 million in May. The investor initially purchased 8.917 million EIGENs for $32.45 million, with an average price of $3.64. However, the decline in EIGEN price caused it to lose $17.19 million. Then, at the end of December last year, he sold 2.417 million EIGEN at the average price of $3.77, exchanged for US$9.12 million USD, and bought 295,000 HYPE at a high price of $30.9. However, the current price of HYPE is only US$13, causing it to lose 5.21 million US dollars. In recent days, the investor cut his losses and sold 2.862 million EIGEN for $1.068 in exchange for 31.6 WBTC (about $3.05 million). So far, its initial $32.45 million has shrunk to only $10.03 million, including 295,000 HYPE (about $3.9 million), 3.638,000 EIGEN (about $3.08 million) and 36.1 WBTC (about $3.05 million), with a total loss of $22.42 million, a drop of 69%.