Fidelity: Transfers $499.55M ETH Into Split Wallets

Fidelity moved 260K ETH valued at $499.55M from linked wallets into three addresses first funded six months earlier, splitting the amount into 95K ETH ($182.53M), 87K ETH ($167.23M) and 78K ETH ($149.79M) per Arkham data.

Price action on the 4h chart shows ETH at $1876.82 inside a bearish trend where the EMA50 at $1899.6 caps upside while the EMA200 at $1828.2 offers deeper support; the MACD death cross at -5.87 reinforces downside pressure even as RSI at 42.81 stays neutral and price remains trapped between the $1942.11 upper and $1868.88 lower Bollinger bands.