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Galaxy Research Third Wave Revision

glxyresearch-third-wave-revision

https://x.com/glxyresearch/status/2083623500183421043

Captured screenshot of the post by @glxyresearch, posted 1 Aug 2026, 18:38 UTC
@glxyresearch posted captured full-size capture → original post →
Author
@glxyresearch
Organisation
independent
Evidence role
on-chain-analysis
Posted
Capture status
capture held

Galaxy Research's 1 August revision identifying a third sweep wave of 207.7294 BTC and raising its estimated observed total to 1,367.05 BTC across 4,585 addresses, superseding the roughly 1,083 BTC figure quoted earlier in this archive. The thread also states that no coin drained in waves 1 to 3 was created before block 674,951 on 17 March 2021, which bears independently on the affected-range lower bound, and carries Galaxy's own disclaimer that the work derives solely from block data and the unspent-output set without testing whether the identified addresses were in fact generated with low entropy.

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