Gamma Fund deposits $24.5M in ETH to Binance over two days

An address presumed to belong to crypto investment fund Gamma Fund deposited an additional 5,480 ETH ($11.93 million) to Binance about 20 minutes ago, EmberCN reported. This brings the address's total deposits to the exchange over the past two days to 11,035 ETH ($24.46 million). Deposits to exchanges are often interpreted as a precursor to selling.