10% of Bitcoins (1.8 Million) Remain Dormant for Over 10 Years

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Did you know that about 10% of all bitcoin supply has been locked in dormant bitcoin addresses for over 10 years now?

The current value of this 1.8 million bitcoin stash is estimated to be valued at $23 billion.

While speculation exists as to who owns this huge supply, the creator of Bitcoin, Satoshi Nakamoto, holds over 1 million of these bitcoins which have remained untouched since they were mined. These assets are believed to have been permanently lost.

SEE ALSOOnly 2.5 Million Bitcoins Remain to be Mined and Half of that will be Mined in the Next 4 Years

Currently, a total of 18.5 million bitcoins are in circulation out of a total of 21 million that will ever exist.

Interestingly, out of the 2.5 million bitcoins that remain to be mined, half of this number will be mined in the next 4 years. Here is the breakdown:

  • 18, 500, 000 mined (88.1%)
  • 2, 500, 000 unmined (11.9%)
  • 1, 250, 000 to be mined by 2024 (6%)
  • 21, 000, 000 to be mined by 2140 (100%)

 

 

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