
🔺 “Wallet moved” is not a signal. Context is. Lookonchain just flagged @Strategy withdrawing the same 411.5 BTC back from Coinbase Prime 5 hours after deposit. This single round-trip could mean: - Custody reshuffle - Liquidity test - Collateral adjustment - Tax optimization - Or zero net change Treasury Flow Clarity = mapping the move to disclosure, balance sheet, tax, and market structure before the narrative locks in. Raw on-chain is table stakes. Interpretation risk is the edge.
