Coldcard: $38M BTC Stolen via Wallet Flaw
Coldcard wallet vulnerability drains 594.48 BTC worth $38.2M from 500 wallets to bc1qnk, Bitcoin trades at $64388.89 in bearish structure.
SourceAnalysis
Lookonchain reported that a Coldcard wallet vulnerability allowed theft of more than $38M, with 594.48 BTC moved from roughly 500 wallets into address bc1qnk.
Price action at $64388.89 sits below EMA50 resistance of $64463.94 inside a bearish trend while EMA200 support holds at $63958.92; MACD golden cross at 26.44 keeps momentum constructive yet RSI at 50.1 stays neutral, pointing to a test of upper Bollinger resistance near $65078.68 before any pullback toward lower band support at $63166.5. This Bitcoin theft incident highlights ongoing crypto wallet security risks and forces fresh BTC price prediction adjustments that could foreshadow broader crypto market crash pressure.
Lookonchain
@lookonchainLooking for smartmoney onchain