$3.1M
Binance: Hot Wallet
➔ Crypto.com Deposit
Capital shifting between wallets, neutral flow change. $3.1M PAXG moved from Binance: Hot Wallet to Crypto.com Deposit 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.