$54.3M
NYDIG: Execution Hot Wallet
bc1qxkz0jr5cne8llsy2ujmfs53fnk8f97pn7njq7a
➔
Cumberland DRW
bc1qufnxl229e4tvdta6utjtc3cs42frgd8qws7m8s
Capital shifting between wallets, neutral flow change. $54.3M BTC moved from NYDIG: Execution Hot Wallet to Cumberland DRW 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.