[Institution Scoops Up ETH, Profits $2.87M, Continues Redeeming 5,500 Tokens for Sale] Two months ago, an institution that bought the dip in ETH has taken profits, earning $2.87M. Suspected to be the investment fund @Gammafund, the address gammafund.eth purchased 11,215 ETH ($22.42M) in March at a price of $1,999 per token. Today, 6 hours ago, they redeemed 5,555 ETH ($12.53M) from ether.fi and transferred it to Binance. Address: https://intel.(arkm.com)/explorer/address/0xaB7Deb42cAeA381efFe58E2F669fdeFd555db698 Additionally, they are continuing to apply for the redemption of approximately 5,500 ETH, which may be successfully redeemed next week and potentially sold afterward. -------------------------------------------------------------------------- Bitget: Join and you're VIP! Crypto, U.S. stocks, CFDs—global opportunities all in one place!