Coinbase executive: ICO participation wallet with a value of $470 million ETH has lost its private key

Onemystyrysolved: Thisadress (which nowholds $450Mofcrypto) belongstoRainLohmus, founded of LHVBankUnfortunatelyhelosthiskysandcan'taccessthese100sofmillions.Ifyoucanhelphimrecoverthemsomeshow, he'swingtosplitthemwit hyouhttps://t

Onemystyrysolved: Thisadress (which nowholds $450Mofcrypto) belongstoRainLohmus, founded of LHVBank

Unfortunatelyhelosthiskysandcan'taccessthese100sofmillions.Ifyoucanhelphimrecoverthemsomeshow, he'swingtosplitthemwit hyouhttps://t.co/wYLAU9gKzbpic.twitter.com/0A1nIjFSyn

- Conor (@ jconorgrogan) November62023

Grogan stated in February this year that this giant whale address purchased ETHs worth $75000 (a total of 250000) during Ethereum's initial token issuance (ICO) in 2014, and has never executed a transaction since the creation of the blockchain.

I cannot solve this problem alone; if someone thinks they can, I will accept all the quotations

When the price of Ethereum reached a historic high of nearly $4900 in November 2021, the aforementioned wallet was worth $1.22 billion, and now it still has an impressive 628757% return. According to information shared by Grogan in February, the wallet also has $6.5 million worth of 'air dropped' tokens.

Over 900000 ETHs have been permanently lost

Conor Grogan stated that the total number of permanently lost ETHs has reached at least 886000, with a value of over 1.63 billion US dollars, including 250000 ETHs belonging to RainLohmus.

After adding some additional addresses (including ETHs lost by the cryptocurrency custodian PrimeTrust), Grogan stated that there were a total of 909800 permanently lost ETHs worth over $1.73 billion, accounting for over 0.75% of all circulation supply.

AddedanewextraaddressesI'veenmeaningto (Incl. PrimeTrustlostETH) and weaeupto909800ETHworth $1.73B+thatarlostforever: 0.75%+ofallcirculatingsupplypic. Twitter. com/mb2XSqsQb2

Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])

Previous 2024-11-23
Next 2024-11-23

Guess you like