diff --git a/aptos-move/framework/aptos-framework/doc/coin.md b/aptos-move/framework/aptos-framework/doc/coin.md
index 98f56f007e8b3d..0b5b91cec523cd 100644
--- a/aptos-move/framework/aptos-framework/doc/coin.md
+++ b/aptos-move/framework/aptos-framework/doc/coin.md
@@ -2054,13 +2054,21 @@ or disallow upgradability of total supply.
                 deleted_withdraw_event_handle_creation_number: <a href="guid.md#0x1_guid_creation_num">guid::creation_num</a>(<a href="event.md#0x1_event_guid">event::guid</a>(&withdraw_events))
             }
         );
-        <a href="event.md#0x1_event_destroy_handle">event::destroy_handle</a>(deposit_events);
-        <a href="event.md#0x1_event_destroy_handle">event::destroy_handle</a>(withdraw_events);
         <b>if</b> (<a href="coin.md#0x1_coin">coin</a>.value == 0) {
             <a href="coin.md#0x1_coin_destroy_zero">destroy_zero</a>(<a href="coin.md#0x1_coin">coin</a>);
         } <b>else</b> {
-            <a href="fungible_asset.md#0x1_fungible_asset_deposit">fungible_asset::deposit</a>(store, <a href="coin.md#0x1_coin_coin_to_fungible_asset">coin_to_fungible_asset</a>(<a href="coin.md#0x1_coin">coin</a>));
+            <b>if</b> (std::features::module_event_migration_enabled()) {
+                <a href="event.md#0x1_event_emit">event::emit</a>(<a href="coin.md#0x1_coin_CoinWithdraw">CoinWithdraw</a> { coin_type: type_name&lt;CoinType&gt;(), <a href="account.md#0x1_account">account</a>, amount: <a href="coin.md#0x1_coin">coin</a>.value });
+            } <b>else</b> {
+                <a href="event.md#0x1_event_emit_event">event::emit_event</a>&lt;<a href="coin.md#0x1_coin_WithdrawEvent">WithdrawEvent</a>&gt;(
+                    &<b>mut</b> withdraw_events,
+                    <a href="coin.md#0x1_coin_WithdrawEvent">WithdrawEvent</a> { amount: <a href="coin.md#0x1_coin">coin</a>.value },
+                );
+            };
+            <a href="fungible_asset.md#0x1_fungible_asset_deposit_internal">fungible_asset::deposit_internal</a>(object_address(&store), <a href="coin.md#0x1_coin_coin_to_fungible_asset">coin_to_fungible_asset</a>(<a href="coin.md#0x1_coin">coin</a>));
         };
+        <a href="event.md#0x1_event_destroy_handle">event::destroy_handle</a>(deposit_events);
+        <a href="event.md#0x1_event_destroy_handle">event::destroy_handle</a>(withdraw_events);
         // Note:
         // It is possible the primary fungible store may already exist before this function call.
         // In this case, <b>if</b> the <a href="account.md#0x1_account">account</a> owns a frozen <a href="coin.md#0x1_coin_CoinStore">CoinStore</a> and an unfrozen primary fungible store, this
diff --git a/aptos-move/framework/aptos-framework/sources/coin.move b/aptos-move/framework/aptos-framework/sources/coin.move
index 2ea6aca5762ec0..3887fe31c8f768 100644
--- a/aptos-move/framework/aptos-framework/sources/coin.move
+++ b/aptos-move/framework/aptos-framework/sources/coin.move
@@ -581,13 +581,21 @@ module aptos_framework::coin {
                     deleted_withdraw_event_handle_creation_number: guid::creation_num(event::guid(&withdraw_events))
                 }
             );
-            event::destroy_handle(deposit_events);
-            event::destroy_handle(withdraw_events);
             if (coin.value == 0) {
                 destroy_zero(coin);
             } else {
-                fungible_asset::deposit(store, coin_to_fungible_asset(coin));
+                if (std::features::module_event_migration_enabled()) {
+                    event::emit(CoinWithdraw { coin_type: type_name<CoinType>(), account, amount: coin.value });
+                } else {
+                    event::emit_event<WithdrawEvent>(
+                        &mut withdraw_events,
+                        WithdrawEvent { amount: coin.value },
+                    );
+                };
+                fungible_asset::deposit_internal(object_address(&store), coin_to_fungible_asset(coin));
             };
+            event::destroy_handle(deposit_events);
+            event::destroy_handle(withdraw_events);
             // Note:
             // It is possible the primary fungible store may already exist before this function call.
             // In this case, if the account owns a frozen CoinStore and an unfrozen primary fungible store, this