$40.9M
Kraken: Kraken Deposit
33VQ4KxRJWJruC2UXJ4PWKr8jNRtViPwYU
->
Kraken: Hot Wallet
bc1qx9n80t5q7tfmutzaj0ramzzzsvtveara68zntc
Capital shifting between wallets, neutral flow change. $40.9M BTC moved from Kraken: Kraken Deposit to Kraken: Hot Wallet on Bitcoin. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.