According to PANews, Arkham data showed that in the past half hour, Fidelity Custody's cold wallet address transferred a total of 229,234 ETH to an unmarked address starting with 0x6970, worth approximately US$597 million.

In addition, another Fidelity Custody address transferred approximately 2,000 BTC to an unmarked address starting with 3HFc92, worth approximately $127 million.