Unidentified Wallet Sends 107.1302 BTC to Burn Address, Pushing Total to 807.238 BTC
On Monday, May 25, an unidentified wallet sent 107.1302 BTC (valued at more than $8.2 million) to a bitcoin burn address, making the funds permanently unspendable. The transfer, first flagged on Tuesday by Timechainindex.com founder Sani, lifted the address balance to 807.238 BTC, valued at $62.15 million. No onchain identity or clear connection to a protocol launch has been linked to the burn.