According to information shared by Ord.io, an anonymous wallet address has sent 332 transactions on the Bitcoin network, using these transactions to store approximately 9 megabytes of encrypted data on the Bitcoin blockchain. This means that these encrypted data are now permanently stored in the ledger of the Bitcoin network.

Statistics show that this wallet has spent approximately 1.5 bitcoins on these transactions, which is equivalent to $66,000 in USD.

Currently, the motivation behind this wallet’s actions is unclear, and since the data is encrypted, no one is currently able to read or understand the content of this data.

It is worth mentioning that this is not the only strange event that has recently occurred on the blockchain network. According to on-chain data, last week an anonymous wallet sent 26.9 bitcoins (equivalent to $1.2 million) to the Genesis wallet, which is widely believed to belong to Bitcoin’s creator, Satoshi Nakamoto. However, since Nakamoto’s wallet has not been active since 2010, it is likely that these funds will never be retrieved.

Conor Grogan, a director at Coinbase, stated on Twitter: “Either Satoshi woke up and bought 27 bitcoins from Binance and stored them in a wallet, or someone just burned $1 million.”

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