Bitcoin: Whale Moves 730 BTC After Coldcard Exploit
Bitcoin whale shifts 730 BTC ($46.12M) to new wallet after 4 years dormant amid Coldcard exploit concerns, with accumulation spanning 7 years.
SourceAnalysis
Bitcoin whale transferred 730 BTC worth $46.12 million to fresh address 1KHXBixwJPErPcnuRpwN3J5wkTwUm6eJW9 after four years of inactivity, with onchain records showing accumulation across seven years, raising questions over whether the recent Coldcard hardware wallet exploit prompted long-term holders to relocate funds.
Price action on the 4h chart shows BTC at $62945.58 inside Bollinger Bands with upper resistance at $64118.31 and lower support at $62297.96, while EMA50 at $63760.49 and EMA200 at $63740.99 cap upside; RSI at 43.08 stays neutral yet MACD golden cross at -232.96 hints at building momentum that could test resistance before any pullback to the 50-EMA confluence zone.
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