Galaxy Research points out that over the past three weeks, approximately 40 inscriptions composed of random letters have appeared daily on the Bitcoin network; these are not cryptographic information. Galaxy Research analyzed 562 texts and found that the frequency of the 26 English letters appeared between 3.6% and 4.2%, which differs from the normal distribution of English text. On-chain transaction behavior exhibits automated characteristics, with each transaction containing one input, one change address, and one OP_RETURN data output; the longest transaction chain reached 86 transactions.
