According to BlockBeats, a whale has reduced its holdings of 867,000 RAY tokens, valued at $2.83 million, accumulated over nearly four months. If sold, this would result in a loss of $1.27 million. Over the past three days, the whale has deposited $6.45 million worth of RAY into centralized exchanges at an average cost of $4.73 per token, incurring a total loss of $1.517 million.