The encrypted data was inscribed over 332 transactions with fees ranging from $14 to $2,500 in satoshis, but the motive is still a complete mystery.
An unidentified Bitcoiner has just spent approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain.
According to a Jan. 7 post on X (formerly Twitter) from the Ordinals explorer Ord.io, more than 1 Bitcoin (BTC) was used to create 332 inscriptions at around 11:20 am UTC on Jan. 6 — consisting of "raw binary data.
However, no one appears to have an answer for what the data shows, with one user even trying to use OpenAI’s ChatGPT to solve it, without luck.