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Crypto

Coldcard Exploit Sparks Retail Bitcoin Influx as Whales Stay Put

Guavy AI Editorial Team
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BTC
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A recent exploit on Coldcard wallets drove retail Bitcoin exchange inflows to new heights, but larger whale deposits remained stagnant.

The incident triggered a wave of emergency transfers from affected users, who moved their funds after discovering that corrected firmware cannot secure exposed seeds.

CryptoQuant's data revealed that smaller balances dominated the influx, with combined inflows from sub-1 BTC bands approaching 2,000 BTC, surpassing their normal daily range.

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