$108M
Coinbase Prime: Cold Wallet
0x4b78eb8b20fc89c72e62384e5dda1479d73dd5c0
➔
Coinbase Prime: Hot Wallet
0xcd531ae9efcce479654c4926dec5f6209531ca7b
Capital shifting between wallets, neutral flow change. $108M USDC moved from Coinbase Prime: Cold Wallet to Coinbase Prime: 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.