Someone Just Burned $1.2 Million in Bitcoin by Sending It to Satoshi's Dead Wallet — Here's Why That's Wild
Someone Just Burned $1.2 Million in Bitcoin by Sending It to Satoshi’s Dead Wallet — Here’s Why That’s Wild TL;DR A crypto whale deliberately sent $1.2 million worth of Bitcoin to one of Satoshi Nakamoto’s original wallets — effectively destroying the funds forever. This act of voluntary “burning” sent shockwaves through the r/CryptoCurrency community, racking up over 1,200 upvotes and 558 comments as people tried to figure out why anyone would do this. The funds are now permanently inaccessible: no one alive holds the private keys to Satoshi’s early wallets. Whether this was a symbolic gesture, a flex, or something else entirely, it’s one of the most eyebrow-raising on-chain moves in recent memory. ...