@Today 18 March 2021 more from that month

How Much Crypto Has Been Lost Due To Assets Being Sent To The Wrong Addresses According to a recent study by Chain analysis, around 20% of all Bitcoins are lost in the ether (no pun intended) and unrecoverable. That is highly frustrating for the individual investors but in the main won’t affect the volume of BTC traded. This happens because people simply lose their private keys. One company called Wallet Recovery Services is receiving on average 70 calls a day from people who can’t retrieve their Bitcoins. However, there is another problem that is happening regularly, and it is much less commonly discussed. That is, those making mistaken transactions of their crypto holdings to the incorrect wallet address. Even experienced users can make this mistake and they often do.