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 $80,636.00, down 0.1% since this brief published. This is an original TLT brief based on reporting by Blockonomi, with live market data added, as of Sun, 25 Oct 2026 18:15:02 UTC.
This discovery highlights potential misuse of Bitcoin's transaction system for non-financial data storage, raising questions about network efficiency and transaction costs.
- 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.
- 24% of the total transaction fees were consumed by this bot activity.
- The bot's coins were linked to uploading the US Constitution and other documents.
Galaxy Research has uncovered a 
Bitcoin bot that fills transactions with random letter patterns instead of any coherent or hidden messages. The study analyzed 562 Bitcoin texts and found that the bot operated through 31 transaction chains, with the longest chain involving 86 hops through Bitcoin change addresses.
The research indicates that the bot's activities are linked to coins previously used for uploading the US Constitution and other documents. This suggests a potential connection between the bot's operations and attempts to store non-financial data on the Bitcoin blockchain.
The findings raise concerns about the efficiency of the Bitcoin network, as the bot's activities consumed a significant portion of transaction fees. According to Blockonomi, 24% of the total transaction fees were used by this bot, highlighting the cost implications of such activities.
The Bitcoin network hashrate currently stands at 1063 EH/s with a difficulty of 140.6T, indicating a robust and secure network. However, the discovery of this bot underscores the challenges of maintaining network efficiency while accommodating diverse transaction types.
The broader crypto market remains relatively stable, with Bitcoin trading at $80,721, up 0.69% in the last 24 hours. The total crypto market cap is $2.77T, and the Fear & Greed Index is at 54, indicating a neutral market sentiment.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $80,721.00 to $80,636.00 — -0.11%.
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 TLT'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 ≈ ₦111.40M (about $80,636.00), up 0.4% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 transactions?
Galaxy Research found that a bot fills Bitcoin transactions with random letter patterns, not hidden messages.
How many transaction chains did the bot use?
The bot used 31 transaction chains, with the longest spanning 86 hops through change addresses.
What is the significance of the bot's activities?
The bot's activities consumed 24% of transaction fees, highlighting potential misuse of the Bitcoin network and cost implications.
How much is 1 Bitcoin worth in naira today?
About ₦111.40M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,636.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.11% since this brief first published — trading at $80,636.00 now versus $80,721.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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 TLT 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.