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

The post Over 5% of Ethereum and Up to 18% of Bitcoin Permanently Lost appeared first on Coinpedia Fintech News

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.