Mysterious Bitcoin Burn After 11 Years of Dormancy
Five old Bitcoin wallets that had been inactive for roughly 11 years suddenly transferred a total of 107 $BTC (worth about $8.3 million) directly to a known burn address. Those coins are now permanently removed from circulation.
$The wallet addresses:
· 16g5hMoREWqMcaQGvnCHCWPheotDSSbVQt
· 1PkWqW1P7KsxYXsAnWMPru6NNTfBeiRT6V
· 1LieqLD1qNadbQrSGjYAUT3tVL2w4cxXQu
· 14UNkCVPDQFCZAvq3j4vUQ6h6pHwBtegMa
· 1JtpAuksysZdwwzkCjwQpTG5mzE8BRq7qmh
The destination burn address:
111111111111111111111111110LvT2
No exchange was involved — just $8.3 million worth of Bitcoin gone forever.
Whether this was intentional, symbolic, a mistake, or something only the owner understands... burning Bitcoin that sat untouched for over a decade is hard to ignore.
By the way, that burn address now holds 807.239 $BTC , worth about $61.18 million at current market prices.
What do you think? Who is behind this burn?
$BTC
Five old Bitcoin wallets that had been inactive for roughly 11 years suddenly transferred a total of 107 $BTC (worth about $8.3 million) directly to a known burn address. Those coins are now permanently removed from circulation.
$The wallet addresses:
· 16g5hMoREWqMcaQGvnCHCWPheotDSSbVQt
· 1PkWqW1P7KsxYXsAnWMPru6NNTfBeiRT6V
· 1LieqLD1qNadbQrSGjYAUT3tVL2w4cxXQu
· 14UNkCVPDQFCZAvq3j4vUQ6h6pHwBtegMa
· 1JtpAuksysZdwwzkCjwQpTG5mzE8BRq7qmh
The destination burn address:
111111111111111111111111110LvT2
No exchange was involved — just $8.3 million worth of Bitcoin gone forever.
Whether this was intentional, symbolic, a mistake, or something only the owner understands... burning Bitcoin that sat untouched for over a decade is hard to ignore.
By the way, that burn address now holds 807.239 $BTC , worth about $61.18 million at current market prices.
What do you think? Who is behind this burn?
$BTC