A wallet associated with Forward Industries deposited 8,200 ETH to a certain exchange, incurring a loss of $10.82 million.

On-chain monitoring shows that a wallet associated with Forward Industries deposited 8,200 ETH, worth $14.91 million, to a certain exchange after holding it for 2 to 3 years, incurring a loss of $10.82 million. This wallet initially received 23,491 ETH, worth $76.26 million, from certain exchanges for staking purposes, and subsequently deposited back 23,914 ETH, worth $65.44 million. (Onchain Lens)