On September 12th, according to Arkham monitoring, Flow Traders, a prominent player in the cryptocurrency trading sector, carried out a substantial trade. They moved 3,000 Ethereum (ETH) into the Fidelity Ethereum ETF (FETH). The total value of this transaction amounted to around $7 million. Subsequently, these funds were further transferred to Fidelity’s cold wallet address (Fidelity Custody: Cold Wallet), showcasing confidence and support for Fidelity's Ethereum ETF. This transfer event has sparked interest in market dynamics surrounding Ethereum and related investment products.