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Fidelity transferred 23.919 ETH worth approximately $54.44 million to Coinbase Prime
Fidelity transferred 23.919 ETH, worth approximately $54.44 million, to Coinbase Prime within the past hour.
The transaction was recorded via on-chain data on May 8th. No additional details are currently available regarding the purpose of this move.
The transfer took place through Coinbase Prime, Coinbase’s institutional service platform. Current data does not indicate whether this was a buy/sell transaction or just an internal wallet transfer.
There has been no public response from Fidelity regarding this transaction. The market also lacks further information to determine the specific impact of the aforementioned ETH transfer.
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