$2.3M
Cobo: Custody 1
-> Unknown wallet
Capital shifting between wallets, neutral flow change. $2.3M XAUT moved from Cobo: Custody 1 to an unlabeled destination 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.