A Bitcoin address that had been dormant for 14 years suddenly became active, transferring out 80,000 BTC today, and it's said to hold a total of 200,000 coins.
Some speculate this could be related to "Fried Cat"—after all, there are really not many in the circle who can reach this scale.
Fried Cat: The earliest mythical figure in the Chinese cryptocurrency circle
Fried Cat's real name is Jiang Xinyu, born in 1986 in Shaoyang, Hunan.
This guy entered the Young Scholars program at the University of Science and Technology of China at the age of 15, later earned a master's degree, and then went to Yale for his PhD, with undeniable academic abilities.
History of Success in the Cryptocurrency Circle
He came across Bitcoin in 2011, and in 2012 he posted a recruitment ad under the username "friedcat" on the Bitcointalk forum, crowdfunding the development of ASIC miners, eventually founding the company ASICMiner (also known as Bitfountain). At that time, his miner's hash rate accounted for 42% of the global total, making it one of the most profitable mining companies, undoubtedly the "top miner."
From Peak to Disappearance: An Unsolved Mystery
The company's stock price soared, but later it hit a snag while developing the second and third generation chips, along with the emergence of competitors like Antminer, causing a sharp decline in mining power. At the end of 2014, he suddenly went missing and has not been seen since.
The Most Legendary "Cold Case" in the Cryptocurrency Circle
This genius youth switched to blockchain, and his technology was indeed solid; he produced the first ASIC miner in the country, suddenly becoming the center of attention; just as he reached the peak, he vanished. Did he retire? Was there an accident? Or is there another hidden reason? There are many theories.
In short, "Fried Cat" is one of the most formidable and mysterious figures in the early cryptocurrency circle; his story is like a myth, and also like an unsolved puzzle.