Fidelity: New Wallet Buys 10.17K ETH

Fidelity transferred 10.17K ETH worth $25.48M to a fresh wallet at 0xb1b01C7E6665F30Dca243107aBc9B28528556B33 on August 28 2026.

Price action on the 4h chart shows ETH trading inside the Bollinger Band with upper resistance at $2527.8 while the EMA50 at $2396.07 and EMA200 at $2112.89 anchor the bullish trend structure; MACD death cross at 24.29 tempers momentum even as RSI at 59.98 stays neutral, pointing to a likely test of the lower band support near $2441 before any continuation higher. Traders tracking ETH price prediction models note this on-chain accumulation occurs against a backdrop of steady institutional demand rather than retail-driven crypto market crash fears.