Good morning.

Bitcoin is grinding higher while dormant wallets wake up around it.

Galaxy Research now puts total Coldcard-related Bitcoin theft above $100M across three confirmed waves, with 90% of stolen funds still unmoved.

Yet BTC keeps climbing anyway.

Regime check:
• Below EMA
• Extreme Fear at 25
• Compression still unresolved

Meanwhile a 2013 wallet just moved $31M, one of several dormant addresses stirring since the hack news broke.

Question now:
Does old supply hitting the market cap the rally...
or does price keep absorbing it?

XRP Coffee Break later ☕

$BTC