Fidelity Accumulates $439M in Crypto Over 20 Trading Days
- —Bitcoin purchases over 20 trading days totaled $354.1 million, over 80% of the total
- —Ethereum and Solana buys reached $66.6 million and $18.2 million respectively
- —Combined accumulation across the three assets stands at about $439 million
- —Arkham's data is based on wallet tracking, not Fidelity's official reporting
Why it matters: Sustained buying by a major institutional player signals that traditional finance demand remains intact despite recent market volatility.
Source: Siam Blockchain