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Over 5% of Ethereum and Up to 18% of Bitcoin Permanently Lost

Published by
Qadir AK

Millions of cryptocurrencies are estimated to be permanently lost, including over 913,000 Ethereum (about 5% of supply) and between 2.3 to 3.7 million Bitcoin (11-18% of supply). Causes include lost wallets, forgotten passwords, and user errors. The figures also encompass Satoshi Nakamoto’s untouched 1 million BTC. This highlights the vital importance for crypto holders to secure private keys, as lost access results in irreversible loss of digital assets.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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