Approximately 7.7 Million BTC May Be Inaccessible

IntoTheBlock, a chain-based data provider, has shared important data showing how many of the slightly over 19 million Bitcoins (BTC) released into circulation have permanently left circulation. IntoTheBlock recently tweeted that approximately 29% of the circulating BTC has remained inactive for five years. The company emphasizes that access to a significant portion of these Bitcoins has been permanently lost. IntoTheBlock’s Bitcoin announcement aligns with the tweet from crypto data platform Glassnode regarding the metric of stolen or lost Bitcoins. The crypto data platform recently reported that this metric indicated 7,781,224 BTC. The current circulating supply of Bitcoin is 19,431,743, and approximately 7.8 million of the circulating supply is now inaccessible. This means that there are only about 11.5 million BTC in circulation. The Current State of Bitcoin Bitcoin, the crypto king, rose by 3.5% and reached $31,800 after the court’s ruling in the case opened by the U.S. Securities and […] The post Approximately 7.7 Million BTC May Be Inaccessible appeared first on COINTURK NEWS.