$46M
Coinbase Prime: Hot Wallet
3MqUP6G1daVS5YTD8fz3QgwjZortWwxXFd
➔
Coinbase
3GyFBXZ234Uk9AsyGLNcVcLsrhbhEaFCUc
Capital shifting between wallets, neutral flow change. $46M BTC moved from Coinbase Prime: Hot Wallet 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.