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Bithumb flags $200M in dormant crypto assets across 2.6M inactive accounts

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 60 Views

Millions of long-inactive users still hold crypto at Bithumb, highlighting how early retail capital can remain untouched for years.

South Korean crypto exchange Bithumb flagged over $200 million in customer assets dormant across 2.6 million accounts, offering a glimpse into how much retail capital remains untouched on centralized platforms. 

The disclosure came as part of the exchange's dormant asset recovery campaign, which targets users who have not logged in or traded for over a year. According to Bithumb, dormant assets total about 291.6 billion Korean won (about $201.8 million), with some balances left inactive for over a decade.

Bithumb said the largest dormant holding it had identified was worth about $2.84 million. Meanwhile, the longest period of inactivity stretched to 4,380 days, or almost a dozen years. 

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