29% Of Bitcoin’s Circulating Supply Is Now Presumed Lost Forever
According to recent findings from blockchain analytics company IntoTheBlock, around 29% of the total Bitcoin circulating supply is now presumed lost forever after remaining stagnant for over five years.Bitcoin was designed to be scarce, with only 21 million coins ever to be mined, but the very features that make the cryptocurrency so attractive to investors can sometimes lead to investors losing their assets forever, especially in cases where private keys are forgotten.
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