Arkham on-chain analysis shows wallets attributed to Ethereum co-founder Vitalik Buterin fell from about 241,000 ETH to 224,000 ETH this month, a reduction of roughly 17,000 ETH. The moves come after his recent $45 million pledge to privacy initiatives.
Fidelity has launched the FIDD ETF on the Ethereum network, and growing whale accumulation plus rising long positions point to strengthening on-chain demand. The move could widen institutional access to DeFi liquidity and bolster ETH flows, though market risks remain.
About 4.13 trillion SHIB — roughly $35 million — left Coinbase in two direct transactions, Arkham data shows, while the token trades in a narrow range. The outflows mark one of the largest exchange withdrawals of the quarter.

Bitcoin is holding narrowly above $106,000 after a volatile week that saw big-holder selling and lingering fallout from the October 10 liquidations tied to Donald Trump's tariff surprise. Market sentiment remains fragile as recovery momentum fails to gain traction.