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via Decrypt · By Decrypt Editorial

Someone Just Destroyed $8.2 Million in Bitcoin—Why?

BTC

BTC/USDT

$62,352.48

-2.85%

$62,352.48

-2.85%

(24s)

24h Volume

$21,084,994,360.79

24h H/L

$65,622.83 / $61,938.00

Change: $3,684.83 (5.95%)

Long/Short

67.8%

Long: 67.8%Short: 32.2%

Funding Rate

-0.0055%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,493.07

▼ -2.39%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,654.06

Resistance 1$62,906.01

Price$62,493.07

Support 1$61,834.89

Support 2$60,580.00

Support 3$59,151.12

Pivot (PP):$62,902.15

Trend:Downtrend

RSI (14):36.8

Decrypt Editorial

(09:19 PM UTC)

1 min read

Approved bySarah Chen

852 views

0 comments

In brief

Bitcoin addresses created in 2014 simultaneously transferred a combined 107 Bitcoin worth $8.2 million to a well-known burn address.
Because funds sent to a burn address have no accessible private key, the funds were permanently destroyed.
The perfectly synchronized transfers sparked intense intrigue on X, with theories ranging from an AI chatbot glitch to deliberate security triggers.

F…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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