Dormant Bitcoin Moves After Coldcard Vulnerability — Mostly Away From Exchanges Glassnode data shows that roughly 119,000 $BTC that had sat dormant for more than a year moved within three days after the Coldcard hardware wallet vulnerability was exposed. Key Details: > That volume is about 200 times the ~594 BTC stolen in the initial exploit wave.
> Only a small portion (around one-tenth) was sent to exchanges.
> The bulk of the activity reflects holders rotating coins into new wallets for security reasons.

The surge in “revived supply” (coins untouched for 1 year+) stands out as a clear spike against normal traffic. New address creation returned to baseline quickly, while the supply held in wallets younger than one month has continued climbing. Price action showed little reaction, with no measurable sell pressure emerging from the large movement of old coins. Glassnode interprets the pattern as a security-driven migration rather than broad distribution or panic selling. 119K Dormant $BTC Reactivated Post-Coldcard — Limited Exchange Inflows Does this point to holders prioritising safer self-custody setups, or could further waves of the exploit still drive more coins toward exchanges?

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