Hacker Coldcard just moved 45% of the assets from the 3rd batch into a mixer, but don’t panic, boys—SHORT $BTC is chasing it!
On-chain data from Galaxy shows the attacker is splitting the flow of funds through peel chains and mixers to hide the trail. Even so, looking at the bigger picture, 82% of the stolen Bitcoin remains sitting in the original wallet, while only 18% of the total illicit holdings has begun circulating.
At the time of writing, $BTC is trading around $79.365 USD (-0.58% in 24h). Even if this supply is routed through cross-chain bridges or handled via OTC desks, it would only create a slow, muted selling pressure. The risk of an immediate, large-scale dump is unlikely because major exchanges have already put the black wallet under watch. If you’re trading futures, don’t let FUD lead you by the nose—don’t mindlessly SHORT. Personally, I lean toward waiting for a reaction at support to find an entry.
In this zone, do you guys go LONG or SHORT $BTC ? Tap $BTC below and let’s look at the chart together! 👇
#BTC #Bitcoin #Crypto #OnChain
On-chain data from Galaxy shows the attacker is splitting the flow of funds through peel chains and mixers to hide the trail. Even so, looking at the bigger picture, 82% of the stolen Bitcoin remains sitting in the original wallet, while only 18% of the total illicit holdings has begun circulating.
At the time of writing, $BTC is trading around $79.365 USD (-0.58% in 24h). Even if this supply is routed through cross-chain bridges or handled via OTC desks, it would only create a slow, muted selling pressure. The risk of an immediate, large-scale dump is unlikely because major exchanges have already put the black wallet under watch. If you’re trading futures, don’t let FUD lead you by the nose—don’t mindlessly SHORT. Personally, I lean toward waiting for a reaction at support to find an entry.
In this zone, do you guys go LONG or SHORT $BTC ? Tap $BTC below and let’s look at the chart together! 👇
#BTC #Bitcoin #Crypto #OnChain
