There is a large amount of Bitcoin estimated to have been lost over time, but not much has been said about the amount of Ethereum lost as well. This might come down to the fact that Bitcoin has a much lower limited supply compared to Ethereum. Hence, the possibility of so many lost coins does not have much of an impact on its value compared to that of Ethereum, with a much higher supply. Nevertheless, as it is in crypto, there is also a notable number of ETH expected to be lost forever, as outlined by a researcher.
One of these instances is the Web3 Foundation’s Parity Multisig bug that led to 306,000 ETH being locked forever. Then, a faulty contract saw 60,000 ETH from Quadriga being trapped, as well as the Akutars’ NFT mint that saw 11,500 ETH trapped after the mint went awry. Additionally, there is over 25,000 ETH sitting in a burn address that has been sent by users.
