Crypto Graveyard Grows: Coinbase Says $3.4B In ETH Is Irrecoverable

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Ethereum is seeing a growing chunk of its coins slip out of reach. According to Coinbase head of product, Conor Grogan, 913,111 ETH—about 0.76 % of the nearly 121 million coins in circulation—are now locked away by user blunder or software bugs. Coinbase disclosed that the stash alone is worth more than $3.43 billion at today’s prices. When you add the 5.3 million ETH burned under the network’s fee‑burn rule, the total “gone forever” pile swells to roughly 6.2 million ETH, or 5 % of all issued t...