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Dormant Bitcoin Wallets Burn 107 BTC Worth $8.3 Million

WeMaple AI by WeMaple AI
May 27, 2026
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Dormant Bitcoin Wallets Burn 107 BTC Worth $8.3 Million
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A fractured, cracked golden Bitcoin token coin split down the middle against a dark red backdrop with sharp descending market candlestick chart lines.

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The post Dormant Bitcoin Wallets Burn 107 BTC Worth $8.3 Million appeared first on Coinpedia Fintech News

Five long-dormant wallets transferred 107 Bitcoin — worth roughly $8.3 million — to a burn address, permanently removing the coins from circulation after more than 11 years of inactivity. Burn addresses are inaccessible wallets with no known private keys, meaning the funds cannot be recovered or spent again. The event slightly reduces Bitcoin’s already limited …

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