For the price of 33.3 Bitcoin (BTC), which is approximately comparable to $2.13 million, an extremely rare satoshi, which is the smallest unit of Bitcoin, was made available for purchase
The sale took place on the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, which marked the fourth Bitcoin halving. The sale took place on April 25.
The unique satoshi, which is referred to as a "epic sat," was put up for sale, and there were a total of 34 offers made. Ultimately, an unnamed bidder was successful in acquiring ownership rights to "sat number 1,968,750,000,000,000.
The second-place bidder made an offer of twenty Bitcoin for the rare sat, however they were eventually unsuccessful in their bid.
CoinEx made the announcement that the auction had been successfully concluded, stressing the fact that it was more than just a bidding event. Their emphasis was placed on the fact that the sale represented the general acceptance of Bitcoin as well as the recognition of the community.
The concept of epic sats originates from the Ordinals number system, which is responsible for assigning a one-of-a-kind sequence number to every single satoshi based on the timestamps of Mining.
Only four of these uncommon sats are currently in existence due to the fact that there have been four Bitcoin halvings.
Despite the fact that the current value of a standard Satoshi is $0.00065, many Satoshis have a higher collectible value than others due to the fact that they have unique identities. These sats are becoming increasingly scarce as a result of the periodic events that take place within the Bitcoin network.