$BTC $ETH $BTC
The crypto hedge fund custodian, if the data is to be believed, now has 287,153 BTC worth $18.35 billion and 287,064 ETH worth $753.91 million. It is important to clarify that these funds
include MicroStrategy, Fidelity FBTC ETF and Fidelity FETH ETF, which are clients of this custodian.
Are these transfers some sort of internal operation to get their wallets in order, or is there more to it?
It is an open question, and we should not rule anything out. In recent days, FBTC has seen more inflows than outflows.
