$48.1M
Coinbase Prime Custody
->Coinbase Prime: Hot Wallet
Capital shifting between wallets, neutral flow change. $48.1M BTC moved from Coinbase Prime Custody to Coinbase Prime: Hot Wallet on Bitcoin. 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.