Someone is sitting on $138 million they can't seem to spend Galaxy Research now attributes 1,789.28 $BTC ;worth $114.7 million when it was taken, roughly $138.8 million at today's price; to the Coldcard hardware wallet exploit, drained from 8,865 addresses across multiple attack waves starting July 30. The root cause: a firmware flaw dating back to 2021 that weakened the randomness used to generate certain wallet seeds, letting attackers reconstruct private keys offline. No phishing. No stolen device. No exposed seed phrase. Just weak math from years ago finally catching up. The first and largest wave moved fast; 1,082.65 BTC pulled from roughly 1,196 addresses in just 41 minutes, paying elevated fees that pointed to full automation rather than panicked human withdrawals. Updating Coldcard firmware doesn't fix wallets already compromised. Anyone affected needs a brand new seed generated on secure hardware, full stop. $138 million in stolen Bitcoin, sitting frozen and untouched, is its own kind of proof that visibility, not just theft, is what crypto's transparency actually buys you. #BTC Price Analysis# #Macro Insights#