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Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery

Galaxy Research is trying to explain one of the stranger Bitcoin transactions of the year after five addresses sent roughly 107 BTC, worth about $8.3 million, to an old burn address, making the coins provably unspendable. The move, flagged by Galaxy in a thread on X, immediately raised the question that sits at the center […]

  • Read at Bitcoinist
  • Thu, 28 May 2026 11:00:19 +0000
Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery