According to the post made by Ordinals browser Ord.io an anonymous wallet, It spent approximately 1.5 BTC to write 8.93 MB of encrypted data to the Bitcoin blockchain.
The anonymous wallet, which made 332 transactions, saved approximately 9 MB of encrypted data in these transactions at current prices. He spent approximately 1.5 BTC, which is worth $66,000.
Since the processed data is encrypted, no one has been able to read the written data yet.
Although the fees for most of the 332 transactions were around $200, some transactions reached thousands of dollars.
The cryptocurrency community is searching for Ord to find the reason behind these transactions. He made various predictions under io’s post.
BREAKING: Someone just spent >1 BTC to inscribe 8.93 MB of raw binary data into Bitcoin.
Can anybody decode it to find out what it is?
→ https://t.co/PAaKCWVDus pic.twitter.com/wIpOsgwmhF
— Ord.io (@ord_io) January 6, 2024
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!