BSCN(@BSCNews):Dormant Bitcoin Is Moving Again, But Not To Exchanges Roughly 119,000 bitcoin:native that sat dormant for over a year moved within three days after the Coldcard wallet vulnerability was exposed, Glassnode said. That figure is about 200 times the 594 BTC actually stolen in the hack. Just a small portion was sent to exchanges, reducing fears of a major sell off. Glassnode said the activity points to security driven wallet migration.

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2026.08.06 08:11

Dormant Bitcoin Is Moving Again, But Not To Exchanges Roughly 119,000 bitcoin:native that sat dormant for over a year moved within three days after the Coldcard wallet vulnerability was exposed, Glassnode said. That figure is about 200 times the 594 BTC actually stolen in the hack. Just a small portion was sent to exchanges, reducing fears of a major sell off. Glassnode said the activity points to security driven wallet migration.