PANews reported on May 14 that on-chain analyst Yu Jin has monitored that a suspected investment fund, Gammafund, with the address gammafund.eth, bottomed out in March by scooping up 11,215 ETH for $1,999 each (totaling $22.42 million). Just 6 hours ago, it redeemed 5,555 ETH ($12.53 million) from ether.fi and transferred it to Binance, locking in a profit of $2.87 million. Additionally, they are still looking to redeem about 5,500 more ETH, which could lead to further sell-offs after a successful redemption next week.