Galaxy research head tracks 8,865 addresses hit in Coldcard exploit, with 1,789.28 BTC lost

Galaxy research head tracks 8,865 addresses hit in Coldcard exploit, with 1,789.28 BTC lost

N
News Editor
2026-08-24 11:39:51
Data tracked by Galaxy’s head of research shows the Coldcard exploit affected 8,865 addresses and resulted in losses of 1,789.28 BTC. At the time of the theft, the stolen bitcoin was worth $114.7 million, and its value now stands at $138.8 million. On an address basis, the median loss was 0.00152 BTC and the average loss was 0.20184 BTC, while the median dormancy period was 3.2 years and the average was 3.6 years. Across 221 victim reports, the median loss came to 1.04272 BTC and the average loss was 3.57792 BTC. Those reports accounted for 790.72 BTC, or 44.2% of the total losses. If medium-confidence losses are included, though those losses have not yet been confirmed, the total would rise to 1,824 BTC, worth $140 million at prices at the time the losses occurred.

ChainCatcher reported, citing monitoring by Galaxy’s head of research, that the Coldcard exploit affected 8,865 addresses and led to losses totaling 1,789.28 BTC. The stolen bitcoin was valued at $114.7 million at the time of the theft and $138.8 million at current prices.

By address count, the median loss per address was 0.00152 BTC, while the average loss was 0.20184 BTC. The median dormancy period for the affected addresses was 3.2 years, and the average was 3.6 years.

Across 221 victim reports, the median loss was 1.04272 BTC and the average loss was 3.57792 BTC. The median dormancy period in those reports was 3.25 years, with an average of 2.99 years. Reported victim losses totaled 790.72 BTC, representing 44.2% of the overall loss figure.

If medium-confidence losses are added, though those related losses remain unconfirmed, total losses would reach 1,824 BTC. Based on prices at the time the losses occurred, that amount would be worth $140 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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