Galaxy Research estimates Coldcard hack losses at 2,055 BTC ($130M), impacting 7,700+ addresses
AI Market Summary
Reports citing GLXY Research suggest the Coldcard-related hack may total ~2,055 BTC (~$130M) across 7,700+ victim addresses. A loss event of this scale is negative for crypto risk sentiment and can trigger short-term deleveraging, tighter liquidity, and heightened counterparty and custody scrutiny. It may also increase volatility in BTC as traders reprice security and operational-risk premia.
Impact level
● High
Affected assets
BTC/USDT+2.04%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Galaxy Research (@glxyresearch) estimates total losses tied to the Coldcard hack may have reached 2,055 BTC, or roughly $130 million. The incident is believed to have affected more than 7,700 victim addresses.