Bitcoin: Coldcard Hack Sends Wallets to Two-Year High

Bitcoin on-chain data shows the Coldcard hack drove sending wallets to a two-year high of 728K in a single day, roughly 300K above the daily average, while Mean Coin Age fell for the first time this year.

Traders interpret the spike as a broad shift into safer storage solutions rather than distribution pressure. With price testing upper Bollinger resistance at $64641.47 while RSI sits at 59.88, a healthy retracement to the 50-EMA support at $63802.19 appears probable before further continuation. The MACD golden cross at 187.67 keeps the broader 4h structure bullish above the 200-EMA at $63656.71.

These BTC wallet movements update Bitcoin on-chain metrics and refine crypto wallet movements models used in BTC price prediction frameworks.