Chainalysis: Up to 3.79 Million Bitcoins May Be Lost Forever

According to blockchain analysis company, Chainalysis, up to 23% of the Bitcoins currently in circulation may be lost forever. The study represents the first detailed effort to quantify the number of units of the cryptocurrency for which private keys have long since been forgotten.
Of course, it’s impossible to say exactly how many Bitcoin are being hoarded and how many will truly never be recovered. For this reason, Chainalysis have placed an upper and lower estimate on the figure. The co