On-Chain Data

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A mysterious whale destroyed 107 BTC, Adam Back: an unexpected quantum bounty

An unknown holder transferred 107 bitcoins into Bitcoin’s best-known burn address through five transactions on May 27, amounting to permanent asset destruction worth more than $8.2 million at that day’s market price. Blockstream CEO and early Bitcoin cryptography figure Adam Back commented on X, “Unexpected quantum bounty?”, sparking heated discussion across the community. On-chain data confirms: deliberate details behind the five transactions (Source: Sani) On-chain data shows clear characteris
Bisc·05-27 05:18
A mysterious whale destroyed 107 BTC, Adam Back: an unexpected quantum bounty

Bitcoin ETF sees net outflows for a seventh consecutive day, with IBIT recording a single large transaction of $1.26 billion

According to SoSoValue data, on May 26, Bitcoin spot ETFs recorded total net outflows of $334 million, marking the seventh consecutive day of net outflows. On the same day, Bloomberg ETF analyst Eric Balchunas confirmed on X that BlackRock’s IBIT completed a single large transaction of 29,212,864 shares, worth approximately $1.26 billion. Confirmed Data for May 26: Bitcoin and Ethereum Spot ETFs For Bitcoin spot ETFs, BlackRock’s IBIT saw a daily net outflow of $192 million, bringing IBIT’s hist
IBIT-2.67%
ETH-1.88%
Bisc·05-27 05:04
Bitcoin ETF sees net outflows for a seventh consecutive day, with IBIT recording a single large transaction of $1.26 billion