Bitcoin active addresses surge to nearly 1 million following Coldcard hack

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Bitcoin news: Following the Coldcard hack, Bitcoin active addresses rose to nearly 1 million on July 31, up from 645,000 the previous day. The surge reached the highest daily level since December 2024. The increase was driven by sending addresses, with receiving addresses also rising. Traders are now monitoring altcoins for potential follow-through activity.

PANews, August 2: Julio Moreno, an analyst at CryptoQuant, tweeted that following the Coldcard hacking incident, users, out of extreme caution, appear to have moved their Bitcoin. The number of daily active Bitcoin addresses surged from 645,000 on July 30 to nearly 1 million on July 31, reaching the highest single-day level since December 10, 2024. This spike was primarily driven by a significant increase in active sending addresses, while the growth in active receiving addresses was relatively modest.

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