Researchers from Galaxy Research have linked the Coldcard hack to $114.7 million in losses, with 1,789 BTC stolen from 8,865 addresses.
The team found that 87.3% of the attributed losses, or approximately 1,561 BTC, remains unmoved and under attacker control.
Some Bitcoin has started moving through CoinJoin transactions and peel chains, making it harder to follow the movement across addresses.
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