$236.1M
Binance: Cold Wallet
1Pzaqw98PeRfyHypfqyEgg5yycJRsENrE7
->
Binance: Hot Wallet
bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h
Capital shifting between wallets, neutral flow change. $236.1M BTC moved from Binance: Cold Wallet to Binance: Hot Wallet 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.