COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Anonymous Wallet Spends $66,000 on a 9MB Bitcoin Blockchain Inscription
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Anonymous Wallet Spends $66,000 on a 9MB Bitcoin Blockchain Inscription
Bitcoin (BTC)

Anonymous Wallet Spends $66,000 on a 9MB Bitcoin Blockchain Inscription

In Brief

  • An anonymous wallet spent 1.5 BTC on a 9MB Bitcoin inscription.

  • 322 transactions were made, costing $66,000, with most around $200 each.

  • The purpose of the encrypted data on the blockchain remains unknown.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

In the world of cryptocurrency, there are occasionally interesting movements such as intentional or accidental large transfers and transactions. According to on-chain data, an anonymous wallet address recently spent about 1.5 BTC, worth $66,000 at current prices, to write nearly 9 megabytes of encrypted data, in other words, to create an inscription on the Bitcoin Blockchain network.

Contents
Spent $66,000 in 322 Transactions for 1.5 BTC$1.2 Million in BTC Sent to Nakamoto’s Wallet Address

Spent $66,000 in 322 Transactions for 1.5 BTC

Although each of the most expensive transactions by the anonymous wallet address cost thousands of dollars, the majority of the transactions were predominantly around $200. Indeed, the anonymous wallet address spent 1.5 BTC, valued at $66,000, for 322 transactions. However, since the data remains encrypted, no one has yet been able to read the data written to the Blockchain network.

The Ordinals explorer Ord.io’s official X account discussed details related to the inscription, which led to jokes, pranks, and speculation about the anonymous wallet address’s action within the crypto community.

The process carried out by the wallet address was performed through the Ordinals protocol, which attributes data to specific Satoshis, the smallest unit of Bitcoin. Ordinals is typically used to store art directly within the Blockchain network, but it also enables the writing of all types of data, including encrypted text, to the Blockchain network.

$1.2 Million in BTC Sent to Nakamoto’s Wallet Address

As is known, the inscription is not the only seemingly odd use of the Bitcoin Blockchain network recently. Not long ago, it was discovered that an anonymous wallet address sent about $1.2 million to the wallet address holding the rewards in BTC from the first Bitcoin block, also known as the Genesis block, mined by Satoshi Nakamoto.

The BTC in Nakamoto’s wallet address has been untouched since 2010, which likely means that the $1.2 million sent from Binance to Nakamoto’s wallet address is probably irretrievable.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

ARK Invest Predicts Massive Bitcoin Rise by 2030 with Compelling Insights

Trump Invites Key Figures to the 2025 Bitcoin Conference

Metaplanet Ramps Up Bitcoin Investments with Bold Financial Moves

U.S.-UK Trade Boost Spurs Bitcoin’s Stunning Price Rise

Bitcoin Aims for $500,000 as Market Heat Intensifies

COINTURK NEWS 8 January, 2024 - 10:59 am 8 January, 2024 - 10:59 am
Share This Article
Facebook Twitter
Share
Previous Article Binance Supports Network Upgrade for IRISnet (IRIS)
Next Article Pullix (PLX) Rockets: Altcoin Clash Featuring Litecoin (LTC) and ICON (ICX) for Market Supremacy
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Binance Spurs a Twist as Doodles Token Value Dips
Binance
ARK Invest Predicts Massive Bitcoin Rise by 2030 with Compelling Insights
Bitcoin (BTC)
Coinbase Launches Round-the-Clock Bitcoin Futures in the US
Cryptocurrency News
Goldman Sachs Embraces Cryptocurrency with New Investments
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?