$39M
Coinbase Prime Custody
bc1qefcww8zpq9xsqmzh8qxq8cseq7uat8mlskk739
➔
Coinbase
1LYhaUGjRARNF2nHit3vy9uLKbvxMffzpW
Capital shifting between wallets, neutral flow change. $39M BTC moved from Coinbase Prime Custody to Coinbase 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.