A 1.4-year-old wallet dispatches the largest tracked PYUSD move onto Coinbase while exchange flows tilt heavily toward cash arrival

One wallet just delivered $5.00M in PYUSD to Coinbase, marking the single largest on-chain move in six hours as the asset sees a 7.8-to-1 inflow bias over the last day.

The sender wallet, 0xbaa8…940f, has been active for roughly 1.4 years and has touched only four distinct peer wallets. Its recent outgoing routes reached exchange wallets in one hop, a pattern that places it near trading venues even though the trigger funds were split across many wallets at once and cannot be traced further.

Separately, aggregate PYUSD exchange flow over 24 hours records $5.76M arriving against $735.0K leaving across 53 transfers. The $5.00M trigger deposit is the largest single piece of that inbound liquidity, not a counter-current outlier.