210,000 Bitcoin Exits Long-Term Wallets Amid Coldcard Security Concerns

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Approximately 210,000 bitcoin has moved out of long-term holder wallets over the past week, according to on-chain data. The movement appears linked to fallout surrounding Coldcard, a popular hardware wallet used for cold storage of cryptocurrency. Analysts suggest the transfers likely reflect users migrating to alternative custody solutions rather than selling their holdings. The scale of the movement is notable, as long-term holder wallets typically see minimal activity.

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