_Checkonchain(@_checkonchain):The Coldcard incident resulted in Long-Term Holder supply declining by ~233k BTC, a 1.38% fall from its recent all-time high. With such a meaningful event, an important question is whether the emergency migration of coins has skewed the onchain metrics we use to analyse Bitcoin. In our latest newsletter piece, @_Checkmatey_ documents the size and scale of the change across network activity and onchain supply structure, and assesses how it influences several key onchain metrics →

_Checkonchain

@_checkonchain

Bitcoin Onchain Analysis Suite @ Bitcoin Newsletter @ by @_checkmatey_ & @_alecdj

Joined February 2020

6 Following 16K Followers

_Checkonchain@_checkonchain

2026.08.07 06:31

The Coldcard incident resulted in Long-Term Holder supply declining by ~233k BTC, a 1.38% fall from its recent all-time high. With such a meaningful event, an important question is whether the emergency migration of coins has skewed the onchain metrics we use to analyse Bitcoin. In our latest newsletter piece, @_Checkmatey_ documents the size and scale of the change across network activity and onchain supply structure, and assesses how it influences several key onchain metrics →