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https://blockchain.info/address/39coweGgC8CPZ6hYL1BBEfc1zqbSfHsprW

I was having some fun exploring the blockchain for weird looking addresses and apparently this is the biggest address ever, and has tons of small micro transactions incoming. What are those transactionsa about? Is this some sort of mining related address??

Seems all dated back and part of wiki leaks but that is sure heck a lot of coin to old in wallet and never spend any in that time maybe saving for a future whos ever it is

According to this:

https://www.reddit.com/r/Bitcoin/comments/36v29t/bitfinex_hack2252015_1459_bitcoins_lost/

It is a bitfinex cold wallet.

address on the OP leads here https://blockchain.info/address/1FVcMfHXPp8JSCduYyELzQZf6X4tSv89ho

that address was mentioned here
http://www.reddit.com/r/Bitcoin/comments/1z5t21/would_this_be_of_any_help_if_we_collected_all_the/

trail gone cold after that. assumptions > proofs

Well it's still recieving a lot of coins, the most recent transactions are a week ago.



I googled and couldn't find much, I saw the address being mentioned in the chinese subforum.

It's a multisig address, so it could be possible that one of the signers refuses to sign or is missing.

If it is, why are there so many transactions of 0.00001 BTC going into it?

looking very suspecious i think not the biggest wallet but something looks fishy as all of the received transactions are of 0.00001 when 0.0001 is the transaction fee who will send 0.00001  ? i am not an expert but how come all of the received payments are of same value and never ever even 0.01 BTC was used from this wallet

https://en.bitcoin.it/wiki/July_2015_flood_attack

read the "motivation"

those came from the spammers. which "donated" over 30 BTC to various sites.

Actually:  215,000.22165005 - 215,000.21655005 = 0.0051 was sent out of this address:

https://blockchain.info/tx/cfdca5d75e6924e6e6082029eb873063c2e1ce623cb4d34b72eeef2e0f8e56d5

This is the second transaction and the only transaction to ever send from this address.  Presumably they were testing to make sure they could eventually send when they want to before they made the first big deposit of 20,000.00034:

https://blockchain.info/tx/e52e2c2fb7e23b890cc9e6b21286f7df2f40ede0d918ebfe2c7763b1ce7eea3c

these adress started tansaction in december 2014 and received 20,000 BTC but most of them are 0.00001 BTC i think he is a rich guy,so now he have more than 50 milion dollars oh my goodness its a lot of money i bet that he have lamborginhi or ferarri and private jet plane,he can buy anything he want

Maybe those are dust transactions from a spam test? That or BurrtW's theory of a testing before sending a big ass transaction.

Whether it's finex or wiki leaks or whoever at least they are keeping it secure in a multi-sig address. Not long ago all the largest addresses were in standard addresses, and now there are more and more multi-sig. Good to see.

There is no way to find out for sure why this address is getting so many transactions?
That is crazy and insane. No wonder the flood this month is keeping me from getting my transactions to complete still since July 10th, they just keep resetting to the day before time and date and says 0 confirmations everyday since. This stink >:(

100% positive it belongs to BitFinex.

Then that makes sense for an exchange to hold and have continuous micro transactions funneling through this address. Thanks for this observation. Now some people can sleep soundly tonight  ;)

Oh, don't mind that. It's just my weekend petticash spending wallet.

http://media.giphy.com/media/hATqenlkcqg2k/giphy.gif

And in 'testing' that they can send the btc they have put the important information online and compromised the security.

Why would it belong to BitFinex...? I find no relation to all the micro-transactions going in day after day?

Apparently the people behind the spam attack were sending the dust transactions to many publicly known addresses. One such is this one. Wiki Leaks and many others have also been receiving those transactions as well as known brainwallet ones. As for why, I don't know.

Ok, thanks for the clarification, it makes sense not just to direct them to a burn address.

If the spammers read this, please consider to send it to address 18XWhBj2pNJLqNCJ3PezKbFC4Vys5rjeD6 which I control. I would appreciate it very much :)


Thanks

stab in the dark could be an owners "profit wallet"  percentage of fees scheduled sent there on transactions.

So the logic is that the dust transactions are being sent to many publicly available addresses as well as this one, believed to belong to Bitfinex.  The question is why were the large deposits for this Bitfinex address filled from an address allegedly associated with mtgox?

That's some sick joke around here. :D

Oh, is there any proof it's Bitfinex? This is really mysterious and I'm interested in this kind of stuff!

It's probably Bitfinex.
They have made a transaction to: 122JyMtGtiiP4mMFn86tAGfrqiyhXAnrrk (https://blockchain.info/tx/cfdca5d75e6924e6e6082029eb873063c2e1ce623cb4d34b72eeef2e0f8e56d5)
Which apparently is a Bitfinex (https://blockchain.info/address/122JyMtGtiiP4mMFn86tAGfrqiyhXAnrrk) address.
More details: http://www.reddit.com/r/Bitcoin/comments/36v29t/bitfinex_hack2252015_1459_bitcoins_lost/ (http://www.reddit.com/r/Bitcoin/comments/36v29t/bitfinex_hack2252015_1459_bitcoins_lost/)

Thanks for useful links and sources. I'm checking it now :)

Within a month of the first money being deposited in that address, someone picked up on that, and started to beg for money. < Public Note: Good afternoon! Your help is necessary. My wife has a problem with health, treatment is necessary (we expect a baby). If you have some unnecessary btc or satosh, please, help, we will rejoice any help.>

I wonder how successfull these people are, because he continues to spam other people with other requests.
https://blockchain.info/address/1D6h6TLPrNotHsaJNrdXuPj3ZdHxMNwTGW

Most of his spam, was for the same amount of BTC as the other 0.00001 transactions.

How much transaction fee's did all these 0.00001 transactions accumelate?
 

He can easily send this spam to all addresses at once and pay one fee instead of this. He is dumb.

Kind of reminds me of that micro transaction that they sent as part of stress test to overload the network. But it couldn't be that. Also, if I scroll down further, what I can see are actually some form of 'begging' going on while there are others who use it for cheap advertising by leaving comment on the page. But the key point is not about that small transactions. It's the whopping 215k btc in that address.  :o

Not really.. Why would an exchange funnel micro transactions to their cold storage? Their hot wallet would make more sense, but that would definitely not contain this amount of coins..

None of the theories here make sense to me except the spam test one. Who would test a ton of times with a small transaction before sending a big one? just one small test is enough if you are paranoid about your transaction not going through or something.

it could be, that many think bitfinex was a safe place to send money from mtgox, when this one was going to bankrupt? or just bot moving large amount of profit from the mtgox-doge era to bitfinex

it should be interestin to see if there are other large address that are pointing to cold storage of other big exchanges, to investigate better on this subject

ALL the 0.00001 BTC dust stems from https://www.walletexplorer.com/address/1GsGCXCvN48Wd2fX8M9Xtgc5Vp1dJZetyQ, perhaps to stress [test?] the network.

A lot of the addresses that were used to fund the large amount of btc also received a bunch of those dust txs.

Sure it is a lot of BC !!

Is it Bitfinex ?

read the friggin thread. no one knows for sure as there's not enough evidence. Gleb seems sure about it but his opinions can't be taken seriously  :P

Thanks, now I also know that http://bitcoinrichlist.com/top100 is outdated.
The address is not included in the list, who knows how many more.

This list is only for TOP 100 with "Total Received" not "Final Balance".

How can you have so many bitcoins without receiving them?
Also, every address I click on that site has same amount for both received and final balance.

That's BS. If I have 200000 BTC and address above me has 390000, I can just generate new address, send my 200000 BTC to the new address and then send it back and I'm above him now.

http://bitcoinrichlist.com/top100

is FUBAR.

Take the first address listed:

1   $ 46,548,540.28   167,784.81160667   19KJZ5aqWnrrCaNAS5Pbd4uknPFBxjALRt      58   Apr 2, 2015 11:52:36 AM   
22
Mar 12, 2015 9:02:02 AM

But if you actually look at the address directly, even through the link they give you on there own detail page:

https://blockchain.info/address/19KJZ5aqWnrrCaNAS5Pbd4uknPFBxjALRt

0.01084108 BTC

So, you cannot trust that list, it needs to be fixed.

I did not check them all but the first three are wrong.

That's what I said. It counts only "Total Received" not "Final Balance".

u can refer to
http://coinalytics.co/tools/explorer.html#
for the rich list

No, that is not it.  The addresses they are posting are totally wrong.  They think there is (or was) 167,784.81160667 BTC at their #1 address but it only has 0.01084108 and it NEVER had a large number of BTC, never.

I think it is just a bug at their web site.

This is a better website, (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) the 215000 address is on top.

Interesting website. I'm glad to see that 100,000 up to 1,000,000 BTC has just three addresses, because this amount is really high! I can't image when I would be if I get 1,000,000 BTC. The most of BTC is on addresses with 10 - 100 BTC, that's interesting too, I thought it will be on the addresses with 0.001 BTC - 0.01 BTC. Now there are 2891048 with 0.0001 BTC and I think it's mostly of that spam because when I saw this website few months ago most addresses had 0.001 BTC - 0.01 BTC. But it's interesting to check through the addresses and stuff like this.