Gammafund: Offloads 11,035 ETH to Binance

Gammafund just pushed another 5,480 ETH worth $11.93 million into Binance, completing the sale of its entire March position. Over two days the address gammafund.eth deposited 11,035 ETH valued at $24.46 million, exiting the 11,215 ETH it bought near $1,999 for a clean $2.4 million gain.

Price action on the 4-hour chart shows ETH at $2179.71 sitting inside the Bollinger Bands and pressing the lower band support at $2173.55. The RSI at 29.85 prints deep oversold while the MACD death cross at -27.99 confirms the bearish structure, with price already below both the EMA50 at $2275.87 and EMA200 at $2271.12. This confluence of lower-band exhaustion and institutional distribution from gammafund.eth suggests further downside tests before any relief bounce.