Suspected Gammafund Address to Transfer 5555 ETH to Binance, Currently Applying to Redeem Another 5500 ETH

BlockBeats News, May 14th, according to on-chain analyst Wu Jinyu's monitoring, the address gammafund.eth, suspected to be owned by an investment fund (@Gammafund), bottomed out at a price of $1,999 for 11,215 ETH ($22.42 million) in March.

6 hours ago, the fund redeemed 5,555 ETH ($12.53 million) from ether.fi and transferred it to Binance. In addition, the fund continues to request the redemption of approximately 5,500 ETH, which may be sold off after a successful redemption next week.