Wrench attacks on Bitcoin holders could peak in 2025 due to the cryptocurrency’s high market value, with 35 attacks recorded as of July. In 2021, a total of 36 attacks were reported, the highest on record. Violent crimes related to crypto have increased, including kidnappings and home invasions.

Chainalysis attributes the rise in physical attacks to Bitcoin’s price surge, which reached over $122,000 in 2025. Factors like perceived anonymity, wealth visibility, and organized crime involvement contribute to the trend. CEO Jonathan Levin suggested criminal organizations may target crypto holders assuming transactions are untraceable.

ETFs and law enforcement efforts may deter future attacks by providing alternative investment options and blockchain traceability. The true number of victims remains unknown as many incidents go unreported due to fear or lack of awareness. Law enforcement actions and asset traceability could discourage criminals from targeting crypto holders.

Read more at Cointelegraph: Wrench Attacks Against Crypto Investors Could Break 2021 Record