$827.5K
Coinbase Deposit
0x278f56e9bbcbcca97110714ebebb13f0506a22e8
➔
Coinbase: Hot Wallet
0xa9d1e08c7793af67e9d92fe308d5697fb81d3e43
Capital shifting between wallets, neutral flow change. $827.5K PAXG moved from Coinbase Deposit to Coinbase: Hot Wallet on Ethereum. 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.