Glad to see so many moving to safety tonight in the onchain data!
| It’s remarkable how quickly the network responds to a known vulnerability. "Spend" is a catch all I use on this chart for any Bitcoin movement. It's volume really. While the Coldcard Mk3 issue is concerning, the on-chain data shows a massive, coordinated flight to safety over the last 12 hours. Compare these two snapshots from my node. The second image shows normal bear-market conditions from 7 days ago... coins in the 1.5 to 8-year age cohorts are characteristically dormant. The first image captures today’s reality: roughly 10,000 BTC moving out of those old cohorts. Seeing the community mobilize this effectively to secure funds in real-time is a powerful testament to the resilience of self-custody. Keep verifying and stay vigilant. [link] [comments] |