Bullish
1,816 BTC Stolen From 5,200 COLDCARD Addresses in Multi-Wave Heist
2026-08-04 17:34
Approximately 1,816 BTC valued at $114M was drained from over 5,200 COLDCARD addresses across four waves. Funds remain unmoved in active clusters.
Woofun AI reports that over 5,200 COLDCARD user addresses suffered fund theft totaling approximately 1,816 BTC, valued at around $114 million. The confirmed first through third waves accounted for 1,367.05 BTC worth about $88.6 million, while the fourth wave pattern indicates 462 potential victims with an additional 388.93 BTC stolen. Onchain Lens is currently utilizing on-chain data to identify related clusters. The attackers have not yet moved the stolen funds further, though the cluster remains active with the latest transaction recorded just a few minutes ago.
WOOFUN AI
Impact Assessment · Quick Read
The concentration of stolen BTC in unmoved clusters presents a critical window for intervention or tracking by forensic entities. If funds are dispersed, recovery becomes significantly harder, potentially impacting confidence in hardware wallet security protocols. The scale of the breach may trigger broader scrutiny of COLDCARD's infrastructure and cold storage best practices.
Generated by WOOFUN AI · For reference only, not investment advice
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