The post Why Over 913,000 Ethereum(ETH) Is Lost Forever? appeared first on Coinpedia Fintech News
Unlike traditional finance, where banks can reverse mistaken transactions, crypto offers no such safety net. In the decentralized world of Ethereum, once a transaction is confirmed on the blockchain, it is permanent and irreversible.
How Much Ethereum Has Been Lost?
According to Conor Grogan, Director at Coinbase, over 913,111 ETH—worth approximately $3.4 billion at current prices—has been permanently lost due to human and technical errors. This staggering figure represents around 0.76% of Ethereum’s total circulating supply, currently standing at 120.7 million ETH.
Key Figure: 913,111 ETH lost = ~$3.4 Billion.
% of Total Supply: 0.76%
Based on my research, a minimum of 913,111 Ethereum is lost forever due to user error. This is 0.76%+ of ETH supply, or $3.43 billion in lost funds
If we include EIP‑1559 burned ETH (5.3M), then >5% of all ETH ever made
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