$200M
Coinbase Prime 1
0xcd531ae9efcce479654c4926dec5f6209531ca7b
->
Unknown wallet
0x8d4d900940e7c159a489549d4ba3beb789617e45
Stablecoins leaving exchange, near-term deployable liquidity may decline. $200M USDC moved from Coinbase Prime 1 to an unlabeled destination on Ethereum. Repeated stablecoin outflows can reduce exchange-side dollar liquidity and immediate buying power available for fast market rotation. High priority whale flow: useful for immediate risk monitoring.