$208.5K
Bybit Deposit
-> Bybit: Hot Wallet
Capital shifting between wallets, neutral flow change. $208.5K PEPE moved from Bybit Deposit to Bybit: Hot Wallet 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.