🔐 Fidelity moves 12,981 ETH (~$49.7M) to Coinbase: potential selling pressure
In the last hour, an institutional wallet linked to Fidelity transferred 12,981 ETH (≈ $49.7 million) to Coinbase, according to Lookonchain. Movements of this magnitude often anticipate sales, rebalancing, or cold storage, affecting the available liquidity of Ethereum ($ETH). For traders and users on Binance, it is crucial to monitor order book depth, on-chain flows, and possible signals of volatility in the coming hours.
