Wallet with $21.97M Coinbase history executes $1.00B USD1 move on Base, diverging from a PUFF-heavy profile

A $23.06B-lifetime wallet that predominantly holds PUFF and maintains a single CEX link to Coinbase just moved $1.00B in USD1, marking a scale and asset type rarely seen in its 3,487-transfer history.

The latest $1.00B USD1 transfer on Base contrasts with a profile where only 7% of observed volume involves stablecoins and the dominant asset is PUFF. Past centralized exposure is limited to $21.97M through Coinbase, a fraction of total volume, while listed top peers Peer 1 ($11.26B), Peer 2 ($4.19B), and Peer 3 ($2.10B) show zero transactions - likely identifying token contracts rather than active counterparties.

This move repurposes a wallet with minimal stablecoin footprint for a single, massive stablecoin operation.