Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH Negative sentiment towards Bitcoin on social media hits record high
Cryptocurrency data analysis company Sanitation announced that negative sentiment towards Bitcoin on social media has reached an all-time high. According to the company's data, the ratio of positive to negative comments on platforms such as X, Reddit, and Telegram has dropped to its lowest point since Sanctuary used its modern social media monitoring system.
Sanitation pointed out that firmware vulnerabilities affecting Coldcard devices were one of the main reasons for market panic. According to reports, the incident has been particularly severe for investors because the attack directly questioned the security of personal storage and cold wallet systems-which many investors believe is the most secure way to protect encrypted assets.
Related News: Arthur Hayes sold a lot of Ethereum and two altcoins
The analyst firm recalled that larger crises have occurred in the past, such as FTX and Mt. The collapse of Gox and the Black Thursday during the COVID-19 epidemic. However, the impact of the Coldcard incident on individual investors is different. According to Sanctuary, the discussion focused more on the overall security of hardware and cold wallets than on centralized exchanges, cross-chain bridges or leveraged trading platforms that are often criticized.
Data shows that for every negative comment about Bitcoin, there are only 0.58 positive comments. As a result, fear has significantly surpassed greed and reached historical levels.
Sanitation pointed out that the current data only covers a one-day period. Still, the current level of panic is higher than the peak of war panic earlier this year and exceeds the panic record on social media during previous major crypto crises.
* This article does not constitute investment advice.
