Huo Xing Finance reports that on August 6, Glassnode stated that, due to the Coldcard vulnerability incident, the number of daily active Bitcoin addresses rose to 980,000, reaching its highest level since December 2024. Glassnode noted that this surge in on-chain activity was primarily driven by panic sentiment, as holders are migrating their wallet mnemonics and transferring funds to other custody solutions in response to operational security risks. This shift does not indicate a change in market sentiment.
Bitcoin daily active addresses surge to 980,000 amid Coldcard vulnerability
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On August 6, 2026, Bitcoin’s daily active addresses reached 980,000, according to Glassnode, driven by the Coldcard vulnerability. Users moved funds due to security concerns, but the surge does not indicate bullish sentiment. The daily market report shows no significant changes in on-chain activity. Traders are also monitoring altcoins as the market processes the latest developments.
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