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Panic! Everyone is Transferring Their Bitcoin, Causing Major Network Congestion – What’s Happening?

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FOMOGRAM Editorial Desk
Aug 7, 2026
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Panic! Everyone is Transferring Their Bitcoin, Causing Major Network Congestion – What’s Happening?
EXECUTIVE SUMMARY

Due to issues surrounding Coldcard, the number of active Bitcoin addresses has surged to its highest level since December 2024. Thousands of users are moving their bitcoins.

Due to issues surrounding Coldcard, the number of active Bitcoin addresses has surged to its highest level since December 2024. Thousands of users are moving their bitcoins.

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