Cumberland and Other Addresses Transfer Approximately 939 BTC to Fidelity Bitcoin ETF

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September 18, 2024
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According to Arkham monitoring data, addresses including Cumberland have transferred a total of approximately 939 BTC, worth around $55.89 million, to the Fidelity Bitcoin ETF. This includes:

  • About 6 hours ago, the Flow Traders address transferred 239.762 BTC, approximately $14.29 million, to Fidelity's FBTC ETF, a spot Bitcoin exchange-traded fund.
  • About 3 hours ago, the Coinbase Prime hot wallet address transferred 300 BTC, approximately $17.84 million, to the Fidelity Bitcoin ETF.
  • About 2 hours ago, the Cumberland DRW address transferred 400 BTC, approximately $23.76 million.
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