Fidelity Receives 12K ETH from Coinbase and Cumberland
According to @0xScopescan, Fidelity has received 12,000 ETH, valued at $39.6 million, from Coinbase and Cumberland in the past 24 hours. This transaction increases Fidelity Custody's total ETH holdings to 209,000 ETH, worth approximately $697 million. This significant inflow of ETH into Fidelity Custody could indicate increased institutional interest and confidence in Ethereum.
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