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via Cointelegraph · By Cointelegraph Staff

Unknown Sender Burns 107 BTC in Unexplained Bitcoin Transfer

BTC

BTC/USDT

$79,756.04

+0.18%

$79,756.04

+0.18%

(24s)

24h Volume

$6,095,960,047.76

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.3%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,898.13

▲ 0.30%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,683.92

Resistance 1$80,881.43

Price$79,898.13

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.9

Cointelegraph Staff

(12:09 PM UTC)

1 min read

Updated byEmily Watson

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…

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Source

Cointelegraph Staff · Cointelegraph

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