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Galaxy Research reveals consecutive Bitcoin 3 weeks of “gibberish inscriptions”: Do not overinterpret hidden information; may be script testing

PANews October 25 reported that Galaxy Research published an analysis of Bitcoin “gibberish inscriptions,” pointing out that over the past 3 weeks, approximately 40 inscriptions composed of random letters appeared on the Bitcoin network each day. The content appears to be encrypted text, but is not actually cryptographic information. Galaxy Research conducted statistical analysis of 562 text entries and found that the occurrence frequencies of 26 English letters were all between 3.6%and 4.2%, significantly different from the letter distribution of normal English text. On-chain transaction behavior also showed clear signs of automation. The relevant transactions typically contained one input, one new change address, and one OP_RETURN data output. Subsequent transactions continued to spend the change funds from the previous transaction, forming multiple consecutive transaction chains, the longest of which reached 86 transactions. Galaxy Research referred to the operator as “Ba...

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