News
  • Debashree Patra
    author-profile
    Debashree Patra right arrow
    Author

    Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

    • Reviewed by: Qadir AK
      author profile
      Qadir AK right arrow
      Reviewed

      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.

      • author facebook
      • author twitter
      • author linkedin
    • 2 minutes read

    Bithumb Exchange Uncovers $200M in Dormant Crypto Across 2.6 Million Inactive Accounts

    Story Highlights
    • Bithumb found $200M+ in dormant crypto across 2.6M inactive accounts, showing how much early retail capital still sits idle on centralized exchanges.

    • Some forgotten tokens gained over 61,000%, proving early inactivity can outperform Bitcoin and that revived dormant funds may impact future crypto markets.

    South Korea’s largest crypto exchange, Bithumb, has revealed that more than $200 million worth of customer crypto has been sitting untouched across millions of inactive accounts. This finding offers a clear look at how much early retail money remains idle on centralized exchanges, even after many crypto market cycles.

    The data comes from a dormant account recovery campaign aimed at users who had not logged in or traded for more than a year. Bithumb identified around 291.6 billion Korean won (about $201.8 million) spread across nearly 2.6 million inactive accounts.

    Many of these inactive accounts date back to the early days of crypto adoption. According to Bithumb, the longest dormant account had not been accessed for nearly 4,380 days, close to 12 years. The largest single inactive balance was worth around $2.84 million.

    This suggests that many early retail investors entered the crypto market, made small or experimental investments, and then stopped paying attention. Some may have lost interest during market crashes, while others may have simply forgotten about their holdings as the industry evolved.

    Centralized exchanges like Bithumb now act as long-term records of early crypto activity, holding assets from users who exited long before institutional investors entered the space.

    Forgotten Crypto Assets Outperformed Bitcoin

    One of the most surprising findings is the performance of some inactive assets. Bithumb reported that certain dormant tokens recorded gains of more than 61,000% over time.

    For comparison, Bitcoin was trading near $767 in early 2014 and has since increased by roughly 114 times. Some lesser-known tokens held in these inactive accounts delivered even higher returns simply because they were bought early and never sold.

    This shows a unique aspect of crypto investing: long-term inactivity combined with early exposure can sometimes lead to very large gains, even when investors are unaware of it.

    Inactive Crypto Funds Could Impact the Market

    Bithumb has started reaching out to affected users to help them recover access to their accounts. The exchange has run similar campaigns in the past, recovering about $50 million in dormant assets during an earlier effort.

    This time, the amount is much larger, reflecting both the growth of the crypto market and Bithumb’s long operating history.

    Dormant crypto balances also have wider market implications. These unused funds represent potential liquidity that could return to the market in future cycles. Even a small portion becoming active again could affect prices, especially for tokens with lower trading volumes.

    Questions Around Exchange Custody and User Awareness

    The discovery raises broader questions about how exchanges manage inactive accounts and how well users track their digital assets over time. As the crypto industry matures, long-term custody, account recovery, and user communication are becoming more important topics.

    Bithumb’s findings highlight how much hidden value still exists on centralized exchanges—and how early retail participation continues to shape today’s crypto market.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    What are dormant crypto accounts on exchanges like Bithumb?

    Dormant crypto accounts are user accounts with no login or trading activity for over a year, but still holding cryptocurrencies on the exchange.

    How much crypto is locked in inactive Bithumb accounts?

    Bithumb found about $200 million worth of crypto spread across nearly 2.6 million inactive accounts during its dormant account review.

    Can dormant crypto funds affect the market if reactivated?

    Yes. If recovered funds re-enter trading, they could add liquidity and impact prices, especially for smaller or low-volume crypto tokens.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button