A Binance user, after purchasing and withdrawing btc from the exchange, lucked out with one of four extremely rare “Epic Sats” from the bitcoin halving era in 2016. These special satoshis, categorized according to the Ordinals protocol, They are considered some of the rarest and most significant in bitcoin history.
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BREAKING NEWS: The first satoshi of twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoinA Binance user just found the second halving block.
A $10 transaction is worth 33 twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw”>$btc. Grand prize pic.twitter.com/rLE16ogNsc
– bitcoin Magazine (@BitcoinMagazine) twitter.com/BitcoinMagazine/status/1786017704039633236?ref_src=twsrc%5Etfw”>May 2, 2024
The term “Epic Sat” refers to the first satoshi of each bitcoin halving era, which occurs approximately every four years. Recently, the first Epic Sat from the 2024 halving sold for over $2 million at auction, generating intrigue around these rare units.
In this case, the Binance user inadvertently withdrew a transaction containing Epic Sat from the 420,000th bitcoin block in 2016. Binance failed to identify and retain the valuable satoshi, representing a potential multi-million dollar oversight.
Blockchain analysis shows this satoshi, categorized by Ordinals as number “1575000000000000,” was moved to the user's wallet after purchasing and transferring bitcoins. Its rarity is compared to winning the lottery, since only four “Epic Sats” of this type exist so far.
The address of the wallet that now contains this coveted satoshi is bc1ptjcsnnycr52ccwg4mvvsczkwzvc0qydlxw6q7pcelxkx8equk3asduuz86. It was contained in a t of 0.02 btc.rescue It was worth about $1,000 at the time, and it just so happened to pay a transaction fee of just over $1.
It will be fascinating to watch whether the lucky owner keeps the Epic Sat or sells it, potentially for millions.
Detectives can verify the transaction by referencing Ordinals indexing tools such as Ord.io and Ordinales.com. These identify the number and position of the satoshi on the blockchain, allowing its location to be tracked through a browser-like Mempool.space.
While controversial, these Epic Sats create a deep digital scarcity similar to that of rare collectibles. The Binance user's good luck may generate more interest and intensify the search for the two remaining Epic Sats from 2012 and 2020.
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