$200M
->
Binance: Binance-Peg Tokens
Stablecoins rotated between wallets, operational flow adjustment. $200M USDT moved from Binance 8 to Binance: Binance-Peg Tokens 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.