Fidelity Deposits 64997 ETH on Coinbase: Sell-Offs Begin?

Fidelity has recently transferred significant amounts of Ethereum (ETH) to Coinbase, raising fears of a potential sell-off in the market. Within the past 24 hours, Fidelity, via Cumberland, deposited 31,249 ETH, valued at $103.55 million, including an 11,250 ETH deposit worth $36.9 million in the last 20 minutes. These large-scale institutional transfers to centralized exchanges […] The post... source: https://www.thecoinrepublic.com/2025/01/10/fidelity-deposits-64997-eth-on-coinbase-sell-offs-begin/