# Quantum Threat to 7.1 Million Bitcoin Wallets

> Quantum computers could crack 7.1 million Bitcoin wallets by 2028, but ETF outflows drive price more than quantum fears.
- Title: Quantum Threat to 7.1 Million Bitcoin Wallets · 24/7 Wall St.
- Summary: Quantum computers could crack 7.1 million Bitcoin wallets by 2028, but ETF outflows drive price more than quantum fears.
- Keywords: quantum computing, bitcoin, glassnode, bitcoin wallet, quantum risk, spot etf, bitcoin price, bip-360, quantum security, bitcoin exchange, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/11/10/7-1-million-bitcoin-sit-in-wallets-a-quantum-computer-could-one-day-crack-is-yours-one-of-them
- Author: Sam Daodu
- Published: 2026-11-10T20:04:59+00:00
- Read time: 1 min
- Topics: quantum computing, bitcoin, glassnode, bitcoin wallet, quantum risk, spot etf, bitcoin price, bip-360, quantum security, bitcoin exchange
## Quantum Threat to Bitcoin Wallets
Glassnode reported 7.12 million Bitcoin with public keys vulnerable to quantum computers.

> 35.4% of all Bitcoin (CRYPTO:BTC), about 7.12 million coins worth some $521 billion, has a public key that a future quantum computer could potentially crack
## Bitcoin Price Context
Bitcoin trades at $73,227, down 41.9% from its all-time high of $126,080.

> Bitcoin trades at $73,227, down 41.9% from its all-time high of $126,080
## Quantum Risk Timeline
IonQ expects quantum computers to crack Bitcoin keys by 2028, with a 28-49% chance within the next decade.

> IonQ (NYSE:IONQ) CEO Niccolo de Masi said in September that he expects quantum computers to crack Bitcoin keys by 2028
## ETF Outflows Impact
Spot Bitcoin ETFs posted $201 million net outflow on November 9, driving price down.

> SoSoValue reported a $201 million net outflow on November 9
## Wallet Types and Risks
20,000 early Bitcoin addresses linked to Satoshi Nakamoto hold roughly 1 million BTC.

> About 20,000 of those early addresses, linked to Bitcoin’s creator, Satoshi Nakamoto, hold roughly 1 million BTC
## Quantum Protection Measures
BIP-360 proposal aims to protect against quantum attacks by using new address generation.

> BIP-360 is a proposed soft fork that would protect against attacks on long-exposed keys
## Exchange Security Updates
Coinbase upgrading custody to protect against quantum threats.

> Coinbase (NASDAQ:COIN) CEO Brian Armstrong said during the company’s October 29 earnings call that the exchange is upgrading its custody to protect against quantum threats
## Price Support Levels
Bitcoin holds above 200-day average of $73,162, a key support level for traders.

> Bitcoin holds just above its 200-day average of $73,162, a level many traders treat as key support
## Key takeaway

Quantum computers might crack 7.1 million Bitcoin wallets by 2028, but Bitcoin's price is more affected by ETF outflows than quantum risks.