Whale withdraws $41M in ETH from Fidelity Custody

An anonymous whale address starting with 0x79eb withdrew 21,300 ETH ($40.95 million) from a Fidelity Custody address five hours ago, according to Onchain Lens. Fidelity Custody provides cryptocurrency custody services for institutional and large-scale investors. Withdrawals from such providers are typically interpreted as a sign of intent for more active on-chain activity or long-term holding.