[Santiment: Bitcoin On-Chain Transaction Volume Surges, Weekly New Wallets Hit 10-Month High, Potentially Boosting Market Momentum] Santiment Intelligence reported that Bitcoin has just experienced a week of surging on-chain transaction volume. The network saw 2.27 million new wallets created, marking the highest level in the past year, while active wallets reached 751,000, setting a 10-month record. The biggest catalyst was the chaos triggered by the Coldcard wallet incident. The security crisis forced users to transfer funds, create new wallets, rotate custody settings, and reassess risk exposure, naturally driving up wallet creation and activity. Polarizing events often elicit the strongest on-chain reactions for Bitcoin and altcoins. Fear spreads rapidly, followed by greed, and both emotions prompt more people to trade, adjust positions, and closely monitor market dynamics, reigniting demand after a period of market stagnation.