$47.6M
Bitstamp: Cold Wallet
bc1qppunwskzl7t3mtmcarlvpxjuzd8jy7l7ga49av2c78xg47fujncsrc76y6
➔
Bitstamp
35MynuEPTZJd8Y7QhEsUiKKt18TrF9UgJQ
Capital shifting between wallets, neutral flow change. $47.6M BTC moved from Bitstamp: Cold Wallet to Bitstamp 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.