Bitcoin: he spends 1.5 BTC to burn mysterious data on the blockchain


The network Bitcoin just celebrated its 15th anniversary. However, it remains the cradle of many mysteries. Indeed, we frequently witness inexplicable events that may make sense in the future.

1.5 BTC to write on Bitcoin

Saturday January 6, the Internet user ord_io has revealed on X (Twitter) that a user had just spent no less than 1.5 BTC to register on Bitcoin.

As a reminder, the Registrations were democratized on Bitcoin by the Ordinals protocol. These allow data to be written into a satoshi. This method notably gave rise to the creation of NFTs on Bitcoin as well as tokens called BRC-20.

However, it seems that the Inscriptions made by our mysterious Internet user have a completely different meaning.

Indeed, the Internet user has carried out no less than 332 transactions, spending 1.5 BTC (or $60,000) to register 9MB of data on Bitcoin. Unfortunately, it turns out that the said data is fully encrypted.

Subsequently, many Internet users speculated about the content of this data. Either way, we won’t know more until the data can be deciphered.

A transaction for Satoshi

As oddities never come alone, another surprising event occurred on the Bitcoin network.

So, on January 5, a user sent 26.91 BTCor $1.18 million, to Satoshi Nakamoto’s address. In practice, the transaction was sent to the wallet that was created by Satoshi Nakamoto and used as a genesis wallet during the creation of Bitcoin.

A transaction that is surprising to say the least, because it mainly involves burning the tokens sent. Indeed, this address, as well as all addresses linked to Satoshi Nakamoto, are considered permanently inaccessible. Therefore, sending funds there means destroying the tokens.

Surprisingly, the funds come from 12 different wallets, some of which have had links with Binance. A surprising situation, as Conor Grogan of Coinbase humorously pointed out:

“Either Satoshi woke up, bought 27 bitcoins on Binance and deposited them into his wallet, or someone burned a million dollars. »

As with the previous case, it is very likely that we will never have the end of this story. Regardless, Bitcoin is frequently the cradle of inexplicable events of this ilk.

For his part, the entire crypto sphere is holding its breath over the potential acceptance of a Bitcoin Spot ETF by the American SEC.





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