$105M
Unknown wallet
bc1q39spgh2pqvtvntdey0qunf4rzm9q98786g4e2m
->
Unknown wallet
bc1qmgf76545gtsmu2zdzk366gsp3gkcfxsg50zp5s
Capital shifting between wallets, neutral flow change. $105M BTC moved between unlabeled wallets 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.