 | It’s remarkable how quickly the network responds to a known vulnerability. "Spend" is a catch all I use on this chart for any Bitcoin movement. It's volume really. PnL is how much the value of every UTXO the last 12 hours has changed since its last move. While the Coldcard Mk3 issue is concerning, the on-chain data shows a massive, coordinated flight to safety over the last 12 hours. Compare these two snapshots from my node. The second image shows normal bear-market conditions from 7 days ago... coins in the 1.5 to 8-year age cohorts are characteristically dormant. The first image captures today’s reality: roughly 10,000 BTC moving out of those old cohorts. Seeing the community mobilize this effectively to secure funds in real-time is a powerful testament to the resilience of self-custody. Keep verifying and stay vigilant. [link] [comments] |
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