Summary
- Large amounts of Bitcoin flowed into centralized exchanges shortly after a seed-generation flaw in hardware wallet Coldcard was disclosed.
- Sani said 11,163 Bitcoin were transferred to centralized exchanges after the Coldcard security vulnerability became known.
- Deposits of digital assets to centralized exchanges are generally viewed as a sign of rising selling pressure.
Forecast Trend Report by Period
Large amounts of Bitcoin flowed into centralized exchanges shortly after a seed-generation flaw in the Coldcard hardware wallet was disclosed.
Sani, founder of Timechainindex, wrote on X on August 1 that 11,163 Bitcoin had been transferred to centralized exchanges after the Coldcard security vulnerability became known on July 31.
Deposits of digital assets to centralized exchanges are generally viewed as a sign of rising selling pressure.
River received the largest inflow with 3,679 Bitcoin, followed by Binance with 3,224, Kraken with 2,848 and OKX with 1,291.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.