Galaxy Research Uncovers Bitcoin 'Gibberish' Bot Linked to Constitution Uploads
A study reveals a bot using Bitcoin transactions to embed random letter patterns, not hidden messages.
A study reveals a bot using Bitcoin transactions to embed random letter patterns, not hidden messages. Bitcoin (BTC) is trading at ₹76,71,084 ($80,747.00). This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Sun, 25 Oct 2026 18:00:02 UTC.
This discovery highlights the evolving use of Bitcoin's blockchain for unconventional purposes, raising questions about network usage and transaction patterns.
- Galaxy Research analyzed 562 Bitcoin texts filled with random letters, not hidden messages.
- The bot used 31 transaction chains, with the longest spanning 86 hops through change addresses.
- Funding trail connects to coins involved in uploading the US Constitution and other documents.
- 24% of transaction fees were consumed by this activity.
Galaxy Research has conducted a study of 562
Bitcoin texts, revealing that the messages consist of random letters rather than any form of hidden communication or code. This finding suggests that the transactions were not intended for conveying secret messages but rather for other purposes.
The research identified a bot responsible for these transactions, which used 31 different transaction chains. The longest chain spanned 86 hops through Bitcoin change addresses, indicating a complex and deliberate process.
The funding trail for these transactions was traced back to coins that were involved in uploading the US Constitution and other documents to the blockchain. This connection suggests a possible link between the bot's activities and the broader trend of using the Bitcoin network for document storage.
The study also found that 24% of the mining fees were consumed by this bot activity, highlighting the resource-intensive nature of such transactions. This raises concerns about the impact of such activities on the network's efficiency and cost structure.
The broader market context shows a relatively stable crypto market, with Bitcoin's price at $80,721, a 0.69% increase over the past 24 hours. The network hashrate stands at 1063 EH/s, indicating robust mining activity.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹76,68,613.50$80,721.00 to ₹76,71,083.54$80,747.00 — +0.03%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.28M (about $80,747.00), up 0.7% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 25, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Galaxy Research Uncovers Bitcoin 'Gibberish' Bot Lin — questions & answers
What did Galaxy Research discover about Bitcoin texts?
Galaxy Research found that 562 Bitcoin texts contained random letters, not hidden messages.
How many transaction chains did the bot use?
The bot utilized 31 transaction chains, with the longest involving 86 hops.
What is the significance of the funding trail connection?
The funding trail links the bot's activities to coins involved in uploading the US Constitution and other documents.
How much is 1 Bitcoin worth in rupee today?
About ₹8.28M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,747.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.