In the Coldcard Hack, 87% of the stolen Bitcoin remains unmoved, totaling approximately 1,789.28 BTC

BlockBeats News, August 25th, Galaxy Research Director Alex Thorn released the latest statistics. The Coldcard hardware wallet hack resulted in approximately 1,789.28 BTC being stolen, involving 8,865 addresses, with a value of around $114.7 million at the time of the theft. Of this, 1,561 BTC (87.3% of the total) remains in addresses controlled by the attacker and has not been moved. The bitcoins stolen in the first three waves of the attack have not been touched, only some from later attacks have been transferred using obfuscation techniques such as CoinJoin and peel chains. Some of the statistics are based on 221 victim reports, involving 790.72 BTC, accounting for 44.2% of the total losses. The median loss reported is 1.04272 BTC, with over half of the victims losing more than 1 BTC.

Galaxy has shared the identified attacker addresses with cryptocurrency exchanges, compliance companies, and law enforcement agencies, hoping that once the funds flow into centralized platforms, they can be frozen. The fact that such a high percentage of the stolen bitcoins have remained untouched for a long time post-attack may indicate that the attacker is waiting for a more secure cash-out opportunity, while also providing a time window for tracking and freezing.