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via Cointelegraph · By Cointelegraph Staff

Unknown Sender Burns 107 BTC in Unexplained Bitcoin Transfer

BTC

BTC/USDT

$64,089.98

-0.73%

$64,089.98

-0.73%

(24s)

24h Volume

$16,092,268,731.08

24h H/L

$65,622.83 / $63,804.59

Change: $1,818.24 (2.85%)

Long/Short

64.7%

Long: 64.7%Short: 35.3%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,094.00

▲ 0.12%

Volume (24h): -

Resistance Levels

Resistance 3$66,822.51

Resistance 2$65,712.57

Resistance 1$64,254.27

Price$64,094.00

Support 1$63,957.23

Support 2$62,187.93

Support 3$59,130.91

Pivot (PP):$64,065.34

Trend:Downtrend

RSI (14):41.3

Cointelegraph Staff

(12:09 PM UTC)

1 min read

Updated byEmily Watson

764 views

0 comments

An unknown entity burned 107 Bitcoin, worth about $8.5 million at the time, effectively removing them from spendable circulation and sparking numerous theories after holding the funds for over 12 years.

On Monday, five Bitcoin (BTC) addresses sent a total of 107 BTC to the old burn address starting "11111," rendering them provably unspendable, according to onchain data shared by Galaxy Research in…

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

Cointelegraph Staff · Cointelegraph

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