A long-dormant bitcoin wallet with 2,000 BTC worth around $178 million was sent to Coinbase, after being carefully guarded since 2010. Long-dormant wallets have seen an increase in activity due to several factors, including the US electi
on and the increasing value of Bitcoin. However, a Chainalysis estimate suggests that 3-4 million BTC are “lost forever” due to unrecoverable private keys, meaning those wallet owners may never be able to cash out their early investment.