According to Whale Insider and verified by blockchain data, Fidelity has divested $300.4 million in Bitcoin. This action occurs amidst varying inflows into the Fidelity Bitcoin ETF (FBTC), indicating a strategic adjustment by institutional investors in response to current market dynamics.
BREAKING: Fidelity offloads $300.4 million of $BTC. pic.twitter.com/3qm8cz31Hf
— Whale Insider (@WhaleInsider) September 27, 2025
Blockchain Data Corroborates the Transaction
The blockchain offers transparency regarding these outflows, with transfers from Fidelity’s wallets showing significant Bitcoin movements across several transactions. Notable transactions include 1,018 BTC valued at roughly $115.7 million, 449.6 BTC worth about $51.04 million, and 327.6 BTC totaling approximately $37.17 million. Additional transfers ranging between $20-30 million further substantiate the reported sale size of $300.4 million as indicated by Whale Insider figures.
Diverse Sentiments Reflected in ETF Inflows
Despite this substantial sell-off, inflows into the Fidelity Bitcoin ETF remain robust according to on-chain data that records deposits like 305 BTC valued at around $34.65 million and another deposit of 250 BTC worth approximately $28.39 million within a two-day span.
Market Dynamics and Price Implications
The timing of this sale aligns with Bitcoin trading near resistance levels between the range of $60,000-$61,000 over recent weeks. Analysts propose that this liquidation was likely premeditated for profit realization from earlier accumulations.
The Broader Picture for Institutional Engagement
This move by Fidelity highlights both sides of institutional engagement with cryptocurrencies: a perspective viewing them as tradable assets rather than long-term holdings while also maintaining strong demand through consistent ETF contributions from wealth managers family offices individual investors alike .