107 BTC JUST SENT INTO OBLIVION, OR IS IT? On-chain data shows a wallet has permanently sent 107 BTC (~$8.2M) to Bitcoin’s well-known burn address: 1111111111111111111114oLvT2 This is not a regular transfer. The destination has no private key, meaning the coins are effectively removed from circulation forever, with no recovery path under today’s cryptographic assumptions. With this latest transaction, the burn address now holds 403+ BTC, accumulated across 146,000+ transactions, slowly building one of Bitcoin’s most unusual “graveyards” of value. Blockstream CEO Adam Back described the event as a form of “accidental quantum reward”, reigniting a heated debate across the crypto community. Was this: - a deliberate burn for attention or signaling - a mistake by the sender - or something more experimental? And then comes the deeper question that fuels the controversy: If quantum computing ever reaches the point of breaking elliptic curve cryptography, could these “unspendable” coins theoretically become recoverable in the far future? For now, consensus remains simple: these BTC are gone. But in crypto, even “gone” doesn’t always mean the end of the story, sometimes it’s just the beginning of a new narrative layer #OKXPizzaDay #ETFRotation $BTC $ETH