107 Bitcoins sent to burn address [05/25/2026]

[Majestic-milf]

Do you guys think this was a mistake? or something else entirely?  

Mistake would have been him doing it once, but five different transactions although same time and block? I think this definitely not a mistake.

The only one that can answer why he does it is the owner of the wallet.

In the past 107 bitcoin burning will be nothing but right now, this is totally absurd.

Was it a stolen funds? And since he can not spend it, it was burnt. But If it is I think the sender would have used mixers like to move it

I don't think the person wanted to answer to his actions else they won't have taken this path, right? We don't know the reason behind this but it will surely raise eyebrows and so far we haven't heard of any stolen or missing Bitcoin so we can point it to this guy ..
 The guy(user or entity) is very smart being that by transferring all those Bitcoin to this burn address, it will be hard to trace.

[YellowSwap]

Lost a midnight bet?
Whale laughs, feeds coins to the void?
Guess we’ll never know.

To make it more scarce?
Throwing treasure to the flame?
Guess we’ll never know..

Blackmail in cold code?
Or one wrong address entered?
Guess we’ll never know...

There is absolutely no way in hell that this person sent all those bitcoin into a wrong address, if you have that much Bitcoin you will have to wait after sending 20 BTC at first.

If it's not delivered in the address there is a problem instant, you will become worried and cautious, it won't repeat itself, but instead this person kept doing the same thing over and over again.

Maybe this is the work of a hacker who is doing this based on punishing the owner or something like a revenge? I believe we might never know the truth but mistakenly sending to the same address over and over again is impossible.

[Cricktor]

The burn address, 1111111111111111111114oLvT2, has no corresponding private key, making any BTC sent there irrecoverable under current cryptographic assumptions. The 107 BTC adds to more than 403 BTC already locked at the address across over 146,000 prior transactions, according to blockchain data. On-chain monitor SaniExp first flagged the five separate transfers, while AMLBot later claimed some of the involved wallets were linked to historical Mt. Gox receiving addresses. Neither firm identified the entity responsible, and the purpose behind the burns — whether deliberate destruction, operational error, or a privacy-related action — remains unknown.

More details from this site https://www.edgen.tech/news/post/107-btc-burned-to-unspendable-address-as-adam-back-flags-quantum-bounty

This is such a bad article with outdated details that it's a shame to be published like it is. So many inaccurate statements...

Assuming mempool.space doesn't show nonsense data for address 1111111111111111111114oLvT2, there are 385,813 confirmed UTXOs totaling to at present 807.23903491BTC. So the bullshit bingo "quantum bounty" (later mentioned in the article but not in above quote from it) is much larger, namely that amount.

It's simply wrong that address 1111111111111111111114oLvT2 "has no corresponding private key". Correct is: nobody knows one of the roughly 2⁹⁶ unique private keys that derive unique public keys which all HASH160() yields 20 bytes of zeroes (this is what 1111111111111111111114oLvT2 represents, all values as hex number:
Prefix 00, HASH160 0000000000000000000000000000000000000000, Checksum 94A00911 --- computed and taken from https://learnmeabitcoin.com/technical/keys/address/).

The fact is at present: we don't have enough time and energy on this planet to find any of the existing private keys that could spend those currently roughly 807BTC that were sent for whatever reasons to address 1111111111111111111114oLvT2.

One of the few correct statements of the article is that the purpose of the ~107BTC chunks sent to above address currently remains unknown. Sigh, what a waste... whatever...

[xLays]

Maybe we should just wait a few days and see if someone claims responsibility for sending those bitcoins to the burn address. Right now, all of us are only making guesses and assumptions. Only the owner or the person who made that transaction can really explain the reason behind burning those bitcoins.

For me, the more interesting question here is whether this will have any effect on bitcoin’s price, considering the amount involved is also quite large.

[Faisal2202]

I got it ! It's a message from Satoshi Nakamoto that also has 107 Bitcoins on his Genesis address

https://www.blockchain.com/explorer/addresses/btc/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Maybe he's about to burn all his Bitcoins ?

That's a coincidence. I was recently going through the addresses of Satoshi, and the last words are like printed in my mind. Even before opening the link, I knew this belonged to Satoshi, but what does it say? I mean the person who sent BTC does not have a direct link, but the amount is the same.

I am sure after cprkrn (https://x.com/cprkrn/status/2054586810475364536) successfully recovered his BTC, there will be a bunch of people with the same or similar problem trying to use AI in many creative ways to recover their BTC. And as this is somewhat like trial and error, this 107 BTC transaction could be one on the error side. The funds were from 2014, so probably a forgotten wallet, and the owner or family tried to recover it and made a mistake [?] Make sense? 

Just above your post, Cricktor has already shared that it was no mistake because there was a lot of time for the user to take precautions and take matters into his own hands. So basically, it was not a mistake, but let us say it was a mistake, then there is no way that AI could help this person recover those funds because we are talking about an address that is meant for this purpose. If you think his BTC could be recovered, then the rest of the BTC could also be recovered, and that is completely the opposite of why this address exists in the first place.

[BlackHatCoiner]

I wish this was done on purpose. I cannot imagine the emotion when you accidentally send 107 BTC to a burn address instead of some other address. Whoever did this on purpose is probably one of the most dangerous Joker-like psychopaths alive. I just can't think rationally why you would burn money, let alone ~$8 million.

At least be a little more generous with the miner. He only paid him a dollar.

[bhadz]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

For me, the more interesting question here is whether this will have any effect on bitcoin’s price, considering the amount involved is also quite large.

The value stays there and I think that it will have that impact not yet for now but in the coming years to come. That adds to the lost Bitcoin's forever although not literally lost but burned through the transfeer.

[SeriouslyGiveaway]

It doesn't quite look like a mistake because there would've been plenty of time to correct it by replacing the yet unconfirmed transactions. All five transactions were confirmed in block #950962.

Assuming similar propagation through nodes all five transactions were broadcast in close time proximity, either manually or by a script. If it were something faulty the sender would've had nearly an hour time to correct the error by sending replacement transactions. All transactions had opt-in RBF, but as likely all mining pools support Full-RBF the transactions could've been replaced anyway.

Not all Bitcoin users knowing how to do double spending and it's unsure that the sender knew how to double spend bitcoins from unconfirmed transactions.

I definitely don't think it's a mistake from the sender of these bitcoins to burn address, but assuming it's an actual mistake, I don't know that the sender knowing how to double spend. Owning many bitcoins does not mean the owner knows about double spend and can practice it for the transactions.

[VivaMan]

A burn address works almost same in digital forms. therefore Bitcoin burning don't
Increase mining rewards or reserves any sent transactions, or create a new Bitcoin it only removes coins from unable circulation.

[Wind_FURY]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

Quantum Bounty?

  🤔

Does anyone have more information about WHO sent those coins to the burn address? I believe that unless the community knows WHO it is, then we might never know WHY it was sent there.

 ¯\_(ツ)_/¯

It was probably Craig Wright's angry wife.

[SeriouslyGiveaway]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

It's a questionable sentence, not a confirmation from Adam Back. With this question from Adam Back, I don't consider that he actually think these Bitcoin transactions are from quantum computers and burning actions.

In April, he pushed for optional quantum-resistant upgrades to Bitcoin over forced wallet freezes. His framing of the burn event as a bounty illustrates why that debate carries real stakes, even if the technology to collect such a prize remains distant.

This proposal from Adam Back to force wallet freezes is not actually good. It breaks the core principle of Bitcoin protocol, completely control and freedom. Nobody should have ability or power to freeze wallets, addresses or bitcoin of anyone else. Only the owners with private keys can freeze his coins, addresses, UTXOs.

[bhadz]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

Quantum Bounty?

  🤔

Does anyone have more information about WHO sent those coins to the burn address? I believe that unless the community knows WHO it is, then we might never know WHY it was sent there.

 ¯\_(ツ)_/¯

It was probably Craig Wright's angry wife.

It will be CSW to claim that first. 

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

It's a questionable sentence, not a confirmation from Adam Back. With this question from Adam Back, I don't consider that he actually think these Bitcoin transactions are from quantum computers and burning actions.

It is a thought from him and I wonder how he ended up thinking that it's aqb. While it could be just someone who's rich enough to burn that or a mistake, everything can give their guess what might have happened until the doer of it comes out and explain what really happened.

[Obim34]

I wish this was done on purpose. I cannot imagine the emotion when you accidentally send 107 BTC to a burn address instead of some other address. Whoever did this on purpose is probably one of the most dangerous Joker-like psychopaths alive. I just can't think rationally why you would burn money, let alone ~$8 million.

At least be a little more generous with the miner. He only paid him a dollar.

I'm telling myself not to become provoked concerning someone's fortune. I should be minding my business, but 107 BTC relating to the current price of Bitcoin, even if i run psycho, I wouldn't do such a thing.

Wish i can reach this person to let him know, my address is as good as the one he used for burning.

[snowpega]

Looks like someone is burning BTC? Around 107 BTC is sent to this burn address: 1111111111111111111114oLvT2
...

Dear, that is really something insane. I have been seeing this news circulating on social media for a couple of days, but honestly, I still don't get any solid reason why someone made this transaction. Obviously, this does not seem like a mistake to me. There must be some kind of intention before this act. And in my point of view, someone is trying to lock or waste the circulating supply of Bitcoin permanently from the market. So that the circulating supply can be reduced, and in return, the market can pump and return a good amount of profit in the next rally.

Although this supply is not too big, but still it is something that got wasted permanently and removed from the bitcoin market.
Aside from this, no common man can waste money this way there must be big hand before this action who don't care wasting this amount of money. CMIIW! What do you think?

[SeriouslyGiveaway]

It is a thought from him and I wonder how he ended up thinking that it's aqb. While it could be just someone who's rich enough to burn that or a mistake, everything can give their guess what might have happened until the doer of it comes out and explain what really happened.

Of course, if I am a Bitcoin og with thousands of bitcoins, I would feel comfortably doing that transaction because it can be only small part of my bitcoin fund. However, I think about another possible issue if I do that, tax report.

What will I have to face with tax report after making such transactions?
Reporting it as bitcoin loss, what is reason to give to Tax Authority and how will they accept that or refuse it?

It will also reveal bitcoins I have in address from which I sent those coins to a burn address, and again raising tax issues.

[AndrewWeb]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

It's Satoshi telling Adam Back that he want to burn all the Bitcoins he has, because of the quantum computer. 107 BTC is not a coincidence, it's the exact amount Satoshi has on the Genesis address.

https://www.blockchain.com/explorer/addresses/BTC/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

[Wind_FURY]

Someone who's technical might want to check what Adam Back's thought about this burning of 107 BTC. He's mentioned about this on his X:
accidental quantum bounty

Quantum Bounty?

  🤔

Does anyone have more information about WHO sent those coins to the burn address? I believe that unless the community knows WHO it is, then we might never know WHY it was sent there.

 ¯\_(ツ)_/¯

It was probably Craig Wright's angry wife.

It will be CSW to claim that first. 

 

But he has no Quantum Computer to crack the private key.

Although he could fork Bitcoin again and claim/move those coins and all of Satoshi's coins for himself, and start telling the community it's the "real Bitcoin.

[BitBrainers]

What will I have to face with tax report after making such transactions?

Sending Bitcoin to a burn address is still a taxable disposal in most jurisdictions, at market value on the day of the transaction. If those coins had a low cost basis, the sender just triggered a massive capital gains bill on top of losing everything. Either they didn't care, or the coins were tainted enough that taxes were the least of their problems.

[AndrewWeb]

About 200 new transactions to the same address in the last couple of days. Most of them 0.0016 BTC

That's about 20.000 USD burned

Obviously a reaction or a follow up to the about 8.000.000 USD burned 2026-05-25

https://bitinfocharts.com/bitcoin/address/1111111111111111111114oLvT2

[PrivacyG]

I think the owner intentionally did so to destroy the coins probably for privacy or legal reasons. Or maybe the wallet belongs someone who's been monitored by the authorities and can't safely move the coins.

They are monitored by authorities so they threw their Bitcoin to an Address that is not controlled by anyone?  How do you even think that would ever work in their favor in any way?