Latest News and Articles about Burn Address

Five Dormant Bitcoin Wallets Burn 107 BTC Worth $8.3M Forever

27 May 2026 Daily Feed Bitcoin Scarcity, Bitcoin Wallets, Burn Address, Dormant Wallets

Five long-dormant Bitcoin wallets just moved 107 BTC — worth about $8.3 million — to a burn address, permanently removing those coins from circulation. It’s a tiny cut to Bitcoin’s already capped supply, but a loud reminder that scarcity is not a marketing slogan; it’s baked into the money. 107 BTC burned About $8.3 million […]

Dormant Bitcoin Whale Burns $8.3M in BTC After 11 Years of Inactivity

27 May 2026 Daily Feed Bitcoin Whale, Burn Address, Golden Cross, Mt. Gox

A long-dormant Bitcoin whale just burned more than $8.3 million in BTC, sending 107 Bitcoin to an unrecoverable burn address after nearly 11 years of inactivity. The move landed as Bitcoin price hovered near $76,000, while traders kept one eye on stubborn resistance and the other on the faint possibility of a golden cross. 107 […]