😳 DeFi Whales ā€˜Forgot’ Millions in Bridge Contracts

Blockchain intelligence firm Arkham reports that significant funds, including $1.05 million from a wallet that received ETH from Ethereum co-founder Vitalik Buterin, are ā€œstuckā€ or ā€œforgottenā€ in major bridge contracts like Optimism and Arbitrum. This issue affects numerous crypto addresses, some linked to prominent entities like Coinbase. The firm highlights a case where Coinbase’s $75,000 in USDC has remained unclaimed on Ethereum after six months.

Arkham’s findings suggest that while these funds appear inactive, their owners might still control them, opting to leave them within these bridges.

#bridge #DeFi #ETH