Multiple Bidders Claim $16 Million in Australian Bitcoin Auction
As many as four bidders have claimed $16m in bitcoin recently auctioned off in Australia by Ernst & Young.

Ernst & Young revealed today that multiple bidders claimed 24,518 BTC (worth roughly $16m at press time) as part of a scheduled bitcoin auction that began on 20th June and ended on 21st June.
E&Y, the professional services firm that oversaw the sale, did not disclose the price paid by bidders or the number of bidders involved, though it said participants had been notified of auction outcomes.
However, given that the funds were held in a publicly available bitcoin wallet, analysis indicates that as many as three to four winners were awarded funds in the sale. (The bitcoin wallet holding the funds was first identified by bitcoin user Adam Meister on YouTube).
Data from blockchain data provider Skry shows unknown winners claimed 13,999 BTC ($9.25m), 6,517 BTC ($4.27m) and 1,999.99 BTC ($1.31m), with the largest winner claiming seven 2,000 BTC blocks as part of the auction.
At press time, at least one transaction block was unaccounted for in the transactions, with 1,999 BTC still unspent in the original wallet.
In statements, E&Y transactions partner Adam Nikitins said that the auction drew “significant interest” from participants including bitcoin exchanges, digital asset investment funds and high net worth individuals.
Nitkins said:
"The process was very competitive and demonstrates the growing appetite for digital assets such as bitcoin."
Prior to the auction, participants indicated a willingness to enter the bidding process due to what they said has been the recent scarcity of bitcoin sellers given the sharp increases in the digital currency's price in the weeks leading up to the event.
As previously reported, the funds were originally confiscated by the Australian government in connection with the prosecution of a Silk Road user who plead guilty to commercial drug trafficking in 2014.
Australia auction image via Shutterstock
Більше для вас
Protocol Research: GoPlus Security

Що варто знати:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Більше для вас
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
Що варто знати:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.









