$51K
Unknown wallet
-> Bitvavo: Hot 3
Capital shifting between wallets, neutral flow change. $51K FET moved to Bitvavo: Hot 3 from an unlabeled source 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.