Fidelity moves nearly $45.3M in ETH to Coinbase

Fidelity has transferred 19,934 ETH—valued at about $45.29 million—to Coinbase, as institutional wallet flows pick up. Arkham Intel onchain data shows the move took place within the past 30 minutes, with the funds shifting from cold storage to the exchange's liquid reserves. The inflow comes as institutional desks rebalance liquidity tied to spot ETH ETFs and client redemption activity. Source: Lookonchain