$202.6M
Unknown wallet
bc1ql9588p6a27at08tdpyqvpalm09z0s2ncgw2lvs
->
Unknown wallet
36X44rmLtk218sXACZ3gFpNMFENi6dQ2n3
Capital shifting between wallets, neutral flow change. $202.6M 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.