Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
security
Galaxy's analysis puts total Coldcard hack losses at 1,789 BTC, of which roughly 87% remains unmoved on-chain. That implies only about 13% (~233 BTC) has been transferred so far. For Bitcoin, the large unmoved balance reduces immediate sell pressure and increases the likelihood of traceability or recovery, while underscoring persistent risks in hardware wallet custody and supply-chain security.
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