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$70 Million in Bitcoin Swept From Nearly 1,200 Addresses in Coldcard Vulnerability, Galaxy Research Says

8/1/2026

Roughly $70 million in $BTC was drained from nearly 1,200 addresses linked to a Coldcard vulnerability, Galaxy Research reports.

The firm counts more than 1,000 $BTC removed across those wallets, a per-address average near $58,000. The tally Galaxy Research identified nearly 1,200 drained addresses and more than 1,000 $BTC removed.

The $70 million is the firm's aggregate dollar figure.

| Metric | Galaxy Research figure | |---|---| | Addresses drained | 1,200 (reported) | | Bitcoin volume | 1,000 BTC (reported) | | Aggregate value | $70 million (reported) | | Per-address average | $58,000 (derived) | Coldcard vulnerability Galaxy Research traced the $70 million in losses to a Coldcard vulnerability.