Arthur Hayes transferred PEPE and MOG to CEX 5 hours ago. If all are sold, the loss would be approximately $40,000

According to on-chain analyst Yu Jin, BitMEX founder Arthur Hayes expressed optimism about Memecoin and purchased $250,000 worth of PEPE (24.39 billion) and $250,000 worth of MOG (167.51 billion) on September 27th. Five hours ago, these PEPE and MOG were transferred into CEX with their value having dropped to $460,000. The sale resulted in a loss of $40,000.