About 1.8 million Bitcoin have been dormant for over 10 years.
Much of the total Bitcoin ( BTC ) supply has not moved in more than 10 years, according to data from cryptocurrency analysis website Glassnode
In these 10 years, 1.8 million Bitcoin (of the current total of 18.5 million ) were in dormant Bitcoin addresses. The value of these coins is over $ 23 billion at press time , according to Coin360.
The majority of these coins may belong to the mysterious Crypto Engine creator Satoshi Nakamoto, who simply disappeared from the community in 2011.
Nakamoto may have over 1 million of these previously pristine coins that are said to be lost forever
Although so many have been dormant for a long time, some previously unissued bitcoins were moved for the first time in May. A wallet with coins that had been on it since February 2009 suddenly sent 50 BTC to two different addresses without warning or explanation.
The blockchain community has three assumptions : These coins could belong to the family of the late cryptographer Hal Finney, the early developer Martti Malmi or possibly Satoshi Nakamoto himself. These speculations were denied by the respective parties. Except, of course, from Nakamoto, who is still unrecognized.
