Glassnode: Bitcoin Daily Active Addresses Surge to 980K Following Coldcard Vulnerability Incident, Reaching a New High Since December 2024

BlockBeats News, August 6th, Glassnode announced that due to the Coldcard vulnerability incident, the number of Bitcoin daily active addresses has increased to 980,000, reaching a new high since December 2024.

Glassnode stated that this on-chain activity growth is mainly driven by panic sentiment. Holders are migrating their wallet mnemonic phrases and transferring funds to other custodial methods as a response to operational security risks. This change does not represent a shift in market beliefs.

Source #The currency

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On-Chain Activity