$121 Billion Worth of Bitcoin Might Be Gone Forever

According to a recent report by Fortune, which cites data from prominent blockchain sleuth Chainalysis, roughly 1.8 million ($121 billion) of Bitcoin is stored in wallets that have been inactive for more than a decade. Dormant coins account for 8.5% of Bitcoin's 19.7 million circulating supply. It is unclear what percentage of cryptocurrencies is lost forever, but the report suggests that the total number of such coins should stabilize around 1.5 million. Earlier this month, for instance, a Satoshi-era whale …