[DigitalToday reporter Yesul Kim] An unidentified user has drawn attention after sending 107 bitcoin to a network burn address, permanently destroying them.

Cryptopolitan, a blockchain media outlet, reported on Monday that the transfer was carried out in five transactions. On-chain analysts view it as an intentional burn and are tracing the background.

The transactions appeared closer to a planned transfer than a simple mistake. The transfers from five wallets all had locktimes set to wait for block 950,958, and the sender paid about double the usual fee so the transactions would be processed automatically and included in that block. With full balances moving under the same conditions from different wallets, the market is putting more weight on the possibility that a single entity burned 107 BTC at once.

A burn address is designed so its public key becomes all zeros, making bitcoin sent there effectively unrecoverable. The address has been known to the bitcoin community since 2015 and has received a total of 807 BTC for various reasons. Most were small transfers to leave an on-chain record, and a large burn of more than 100 BTC like this is unusual.

Adam Back (아담 백), founder of Blockstream, mentioned the address as “possibly an accidental quantum computing bounty.” Given the structure of the burn address, calculating a private key from the public key is virtually impossible, and the article said it would be extremely difficult even in a hypothetical quantum computing environment.

The timing of the transfer also drew attention. The burn occurred as bitcoin rose back above $77,500. There was no clear broader trend of large holders dumping coins, and the transaction was closer to giving up holdings themselves than to profit-taking selling.

On-chain flows show the burned funds are linked to old wallets. One of the key wallets began accumulating bitcoin in 2014, and the value of its balance swelled to around $2.5 million by late 2025 before the entire amount was moved to the burn address on May 25.

Analysts have not yet been able to offer a clear reason. The wallets sent all the bitcoin they had held for years in a single move, and the transaction structure strongly suggested intent. The move is being read as a decision to remove the asset itself from the market rather than a sale for profit. Still, because the purpose and the actor have not been confirmed, it is difficult for the market to accept it as a general trend right away, the outlet reported.