How much crypto is held by the dead?
According to experts, wallets of deceased individuals may permanently hold between 1 to 4 million BTC.
That’s 65–260$ billion that no one will ever spend again.
A typical case is the head of the QuadrigaCX exchange, who died in 2018. With him, 190$ million in crypto disappeared.
Or maybe Satoshi himself has long been gone — his 1.1 million BTC has not been touched since 2010.
In light of all this, the founder of Binance urged exchanges to implement a “crypto-will” feature.
So, perhaps, great-great-grandchildren will someday be able to sell ETH for 3000$ 🙏🏼