Krutika Adani
Tracked by Lookonchain, the whale withdrew 1,700 ETH worth $3.1M from a major exchange on May 6, sparking fresh speculation.
Now holding 5,000 ETH in total, the investor’s portfolio reflects both deep pockets and high exposure to market swings.
Despite their bold move, the investor is still staring down a significant unrealised loss—highlighting Ethereum’s volatility.
TechFlow analysts suggest the timing may reflect strategic repositioning—or changing confidence in ETH's future.
With whale activity often signaling larger market shifts, this move is now scrutinized for its broader implications.