Coldcard hack triggers massive 39,600 BTC exodus from retail wallets

Bitcoin holders are scrambling for the exits as the fallout from the Coldcard exploit intensifies. Data from CryptoQuant shows users shifted 39,600 BTC in small-batch transactions, marking the largest movement of sub-1 BTC amounts since the FTX collapse in 2022. It's a clear sign of panic among retail investors who typically favor the hardware wallet for long-term security. Researchers confirmed the attack remains active, leaving anyone with an exposed device vulnerable to theft. While whales often dominate the headlines, this sudden migration of smaller holdings suggests a massive loss of trust in previously 'unhackable' cold storage solutions. The sheer volume of these micro-transfers has spiked network activity as users rush to move their life savings into fresh addresses or alternative hardware. Security teams haven't signaled an end to the threat yet. How many of these users will stick with self-custody after getting burned by their own vault?