According to Wu Blockchain, CryptoQuant's report reveals that after the Coldcard security incident, Bitcoin holders are actively migrating their assets. On July 31, the number of daily active Bitcoin addresses surged from around 645,000 to nearly 1 million, with total transfers of less than 1 BTC reaching approximately 39,600 BTC—the highest level since the FTX collapse. Some small-scale holders moved their assets to exchanges, with deposit volumes hitting their highest point since early February. Additionally, spending by long-term holders and the number of unconfirmed transactions in the mempool have significantly increased. The report suggests that users are reallocating assets due to security concerns, but transferring funds to exchanges does not necessarily mean they are selling. https://(wublock123.com)/news/coldcard-breach-triggers-bitcoin-migration-small-transfers-hit-post-ftx-high-65898