🚨 Galaxy Research's on-chain analysis identifies 𝘁𝗵𝗿𝗲𝗲 𝗮𝘁𝘁𝗮𝗰𝗸 𝘄𝗮𝘃𝗲𝘀 targeting Coldcard hardware wallet addresses, draining 𝟭,𝟯𝟲𝟳 𝗕𝗧𝗖 (~$𝟴𝟴.𝟲𝗠) across 4,585 addresses. The stolen BTC remains in attacker wallets, unmoved — and the attacks are still ongoing. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: 1,367 BTC sitting in attacker-controlled wallets is a latent sell-pressure overhang. If the attacker begins offloading, it could add roughly $88M of BTC supply to the market. The attacks being still active means the drain could keep growing. Most victims were long-term holders (coins dormant ~3.2 years), so any forced selling would hit spot markets directly rather than cascade through leveraged positions. For BTC, the immediate price impact is contained while the stolen coins stay put — but a sudden move to exchanges would add direct supply pressure on top of existing corporate-seller overhang. https://x.com/CoinDesk/status/2083715104613318912 Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1784(Hupzy (Spot On Chain))