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Whale Transaction 0x172a88e306d9332fe6997330197f6e05c2bee5b174eb7906248f9e49d1b6ecb0

$109.6M USDC rotation from Proxy to Morpho: Morpho on Ethereum, with labeled addresses, timing, and explorer links.

Chain: Ethereum2 transfers$219.3M
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Transfers in transaction

Whale Transfer cards

Each card is one transfer event tied to this tx hash, including signal and entity context.

  1. USDCETH
    $109.6M
    Proxy
    ->
    Morpho: Morpho

    Stablecoins rotated between wallets, operational flow adjustment. $109.6M USDC moved from Proxy to Morpho: Morpho on Ethereum. Monitor the follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and exchange wallet management from a true directional position change, because similar routes can look bullish or bearish without full context. Low priority whale transactions capital flow: treat as context unless similar transfers repeat.

    RotationLow priority Explorer
  2. USDCETH
    $109.6M
    Morpho: Morpho
    ->
    Proxy

    Stablecoins rotated between wallets, operational flow adjustment. $109.6M USDC moved from Morpho: Morpho to Proxy on Ethereum. Monitor the follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and exchange wallet management from a true directional position change, because similar routes can look bullish or bearish without full context. Low priority whale transactions capital flow: treat as context unless similar transfers repeat.

    RotationLow priority Explorer