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Coldcard Incurs Losses Approaching $114 Million Amid Fourth Sweep: What Is Driving Bitcoin's Resurgence?
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Coldcard's fourth sweep resulted in losses nearing $114 million, yet Bitcoin's price rebounded to over $64,000. Analysts note the market's calm despite the security incident, suggesting underlying strength.
Coldcard's fourth sweep resulted in losses nearing $114 million, yet Bitcoin's price rebounded to over $64,000. Analysts note the market's calm despite the security incident, suggesting underlying strength.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Despite significant losses from Coldcard sweeps, Bitcoin's price resilience indicates strong market confidence and potential bullish sentiment.
BTC OVERALL MARKET INDEX: 42 / 100 (NEUTRAL)
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