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Data: Due to user errors, at least $3.4 billion of ETH has been permanently lost
8hours ago

Odaily Planet Daily News According to Coinbase director Conor Grogan's post on the X platform, due to user errors, at least 913,111 ETH (about 3.43 billion US dollars) have been permanently lost, accounting for about 0.76% of the total supply of ETH. If the 5.3 million ETH destroyed under the EIP-1559 mechanism are added, the total destruction has exceeded 5%, equivalent to 23.4 billion US dollars. Major loss cases include the Web 3 Foundation's 306,000 ETH locked due to contract vulnerabilities, Quadriga's 60,000 ETH lost, Akutars' casting accident lost 11,500 ETH, and users' active transfer of 25,000 ETH to the destruction address. Grogan pointed out that the data does not include the loss of private keys and other situations, and the actual number of losses may be higher.