$391.3M
Kraken: Cold Wallet
bc1qvzgrkefd8v536de2vqhx4d25e5rly7lgk3p2vp
->
Kraken: Cold Wallet
bc1q0ymzksy046tv4z88ts5nmu7s574umnwmdev3rt
Capital shifting between wallets, neutral flow change. $391.3M BTC moved from Kraken: Cold Wallet to Kraken: Cold Wallet on Bitcoin. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.