watch

Lost 250k ETH Wallet Could Tighten Supply — Monitor for Recovery Risks

I note that Estonian banker Rain Lõhmus says he lost a wallet containing 250,000 ETH purchased in 2014, now worth roughly $1.2B at current prices. On-chain records show only small inflows and no outflows from that address, which supports the claim the coins are likely inaccessible.

I view this as a potential structural positive for Ethereum's supply dynamics if the coins remain irrecoverable, but I remain cautious about possible legal or estate actions that could change ownership. I'll monitor on-chain activity and any credible recovery news before taking sizable directional positions.

Source available for registered users Sign Up Free

Analysis

If the 250k ETH is truly inaccessible it removes a material chunk of supply from circulation, which can be mildly bullish over the medium-to-long term. The on-chain evidence of no outflows strengthens...

Recommendation

I recommend watching the address and related legal news closely. Avoid large entries until inactivity is confirmed over time; consider scaling in on pullbacks if the wallet remains inactive and macro ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: