Anonymous user burns 107 BTC worth $8.2M

May 26, 2026, 1:15 PM

An anonymous user has sent 107 BTC, worth approximately $8.2 million, to the burn address 1111111111111111111114oLvT2 across five transactions, Wu Blockchain reported. This address has no private key, meaning any coins sent to it are effectively burned and permanently removed from circulation.

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