Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: For some of you that are now forming Bitcoin OGs..
by
SquirrelJulietGarden
on 17/04/2025, 11:44:53 UTC
⭐ Merited by vapourminer (1)
Some wallet addresses are not even active since then.
Those old and inactive addresses can belong to either people who lost their bitcoins forever, who already died, or people who are still holding their bitcoin and have access to their bitcoins.

Sparsely we see whale alert notifications about very old Bitcoin addresses wake up and make transactions. We never are sure about old inactive Bitcoin addresses won't wake up in future.

The Bitcoin HODL waves can show you old inactive UTXOs. About 8% of Bitcoin UTXOs are inactive for 7 - 10 years.
https://www.bitcoinmagazinepro.com/charts/hodl-waves/

What happens to lost bitcoin?
Lost Bitcoin: 3.7 million Bitcoin are probably gone forever.