🚨 Millions of Bitcoin Are Permanently Lost Here’s What It Means
Recent estimates suggest that 2.3 million to 3.7 million Bitcoin may be permanently lost, effectively removing at least 11% of Bitcoin’s total 21 million supply from circulation. These coins are believed to be locked in wallets where private keys were lost, hard drives were destroyed, or early holders became inactive during Bitcoin’s early years.
While the exact number cannot be proven on-chain, blockchain behavior and historical data strongly support this range. Importantly, many of these lost coins date back to Bitcoin’s earliest era, including wallets that have remained untouched for over a decade.
This has major implications for Bitcoin’s long-term scarcity. If millions of BTC are effectively unspendable, the real circulating supply is far lower than the headline 21 million cap, strengthening Bitcoin’s scarcity narrative. As adoption grows, reduced effective supply could amplify the impact of future demand on price.
Key takeaway: Bitcoin is likely far scarcer than many investors realize and lost supply is a permanent feature, not a temporary one.
#BTC #lost #CryptoNews #crypto #Ledger
