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A 12-year-old bitcoin wallet moved $31M amid Coldcard hack security fears.

Market News
04 Aug 2026
Coindesk
View Source
Bearish
pluang ai news

A bitcoin wallet inactive since 2013 suddenly moved 500 BTC, worth $31 million, amid a security crisis involving Coldcard hardware wallets. This movement is part of a broader trend where long-dormant coins, some untouched for 5 to 10 years, have been transferred following the Coldcard hack that began on July 30. The hack exploited a flaw in Coldcard wallets, causing losses estimated at $130 million in BTC. The timing suggests holders are proactively moving funds to safer wallets due to security concerns.

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