Significant Bitcoin Transfers to Fidelity FBTC Addresses

According to BlockBeats, recent monitoring by Arkham has revealed substantial Bitcoin transfers to Fidelity FBTC addresses. Approximately one hour ago, 113.888 BTC, valued at around $7 million, were transferred from a Cumberland DRW marked address to a Fidelity FBTC address. Additionally, about four hours ago, 405 BTC, worth approximately $25.3 million, were moved from Flow Traders to a Fidelity FBTC address. These significant transfers highlight ongoing activity and interest in Bitcoin transactions involving major financial entities.