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CRYPTOBEARISH
Coldcard Impact Reflected On-Chain as 210,000 Bitcoin Depart Legacy Wallets
FG
FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
Approximately 210,000 BTC have moved from long-term holder wallets, the largest decline since December 2024. This movement may reflect a change in custody following the Coldcard breach.
Approximately 210,000 BTC have moved from long-term holder wallets, the largest decline since December 2024. This movement may reflect a change in custody following the Coldcard breach.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Significant outflows from long-term Bitcoin holders suggest a shift in custody rather than selling, indicating potential bearish sentiment.
BTC OVERALL MARKET INDEX: 51 / 100 (NEUTRAL)
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