TechFlow news, January 14 — According to on-chain analyst @ai_9684xtpa, 10 hours ago market maker Cumberland received 20,000 ETH (approximately $61.38 million) distributed from the Fidelity FETH ETF inflows address, which was subsequently fully deposited into Binance.
It was noted that the timing of the token deposit coincided with a short-term price trough for ETH. If this batch of ETH has already been sold, it could have been one of the contributing factors behind last night's decline in ETH price.




