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The crypto world has once again seen a strange event.
Someone transferred a total of 107 Bitcoin in five separate transactions to a burn address.
At current prices, that’s over 8 million USD, just evaporated directly.
Many people know this burn address: 1111111111111111111114oLvT2.
Currently, it holds over 807 Bitcoin, worth more than 61 million USD.
The key point is, the wallet that sent out these coins hasn’t moved since 2014 or 2015 — it’s a classic old-school wallet.
Many people’s first reaction is: Did they send it to the wrong address?
But upon closer thought, that doesn’t seem right.
107 coins is a very round number, and it took five separate transactions to gather them.
The chance of one person trembling five times in a row and precisely copying the same burn address each time is lower than winning the lottery.
Only the person who made those transactions knows why they did it.