2nd of 4 Bitcoins "epic satz" Discovered by Binance Users
A Binance user was lucky enough to win one of four extremely rare “Epic Sats” from the 2016 Bitcoin Halving era after purchasing and withdrawing BTC on the exchange. These special satoshis, classified by the Ordinals protocol, are considered the rarest and most important in Bitcoin history.
Breaking News: The First Satoshi #BitcoinBinance users have just discovered the second halving block of .
$10 deal worth $33 $BTC. Jackpot 🙌 pic.twitter.com/rLE16ogNsc
— Bitcoin Magazine (@BitcoinMagazine) 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 more than $2 million at auction, sparking interest in this rare unit.
In this case, a Binance user unintentionally reversed a transaction involving Epic Sat in the 420,000th Bitcoin block in 2016. Binance failed to identify and store valuable Satoshi on its own, potentially representing an oversight worth millions of dollars.
Blockchain analysis showed that these satoshis, cataloged by Ordinals as the number “1575000000000000”, were moved to the user’s wallet after the user purchased and transferred Bitcoin. As only four such “Epic Sats” exist to date, their rarity has been compared to winning the lottery.
Now the wallet address containing these coveted satoshis is bc1ptjcsnnycr52ccwg4mvvsczkwzvc0qydlxw6q7pcelxkx8equk3asduuz86. It was included in a 0.02 BTC transaction worth about $1,000 at the time, and I happened to pay a transaction fee of just over $1.
It will be interesting to see whether the lucky owner keeps the Epic Sat for himself or sells it off for potentially millions of dollars.
Sleuths can refer to Ordinals indexing tools such as Ord.io and Ordinals.com to verify transactions. This identifies the satoshi’s number and location on the blockchain, allowing you to track its location via Mempool.space, similar to Explorer.
Arguably, these Epic Sats create tremendous digital rarity, much like rare collectibles. Binance users’ luck could spark more interest and boost searches for the remaining two Epic Sats from 2012 and 2020.
