Bithumb Flags $200M In Dormant Crypto Left in 2.6M Inactive Accounts
TLDR
- $201.8M in crypto is dormant across 2.6M inactive Bithumb accounts.
- The oldest dormant account has been inactive for 4,380 days.
- One user’s crypto gained 61,000% in value over the years.
- 36,000 users reclaimed $50M during last year’s recovery campaign.
Bithumb, a major South Korean cryptocurrency exchange, has flagged over $200 million worth of dormant digital assets across 2.6 million inactive accounts. The announcement came as part of its new campaign to help users recover long-forgotten crypto holdings.
Millions in Dormant Crypto Found
South Korean exchange Bithumb has revealed that over 2.6 million user accounts hold dormant assets worth 291.6 billion Korean won, or about $201.8 million. The data was shared as part of the company’s customer asset recovery campaign aimed at users who have not logged in or traded in more than a year.
The exchange stated that the oldest inactive account had not seen any activity for 4,380 days—almost 12 years. The single largest dormant holding was valued at about $2.84 million. These accounts have remained untouched even as asset prices surged across multiple crypto market cycles.
Forgotten Assets Saw Exponential Gains
According to Bithumb, some of the dormant cryptocurrencies have appreciated over 61,000% since they were first acquired. This means certain unclaimed assets outperformed even Bitcoin over the same period.
As of January 1, 2014, Bitcoin traded at around $767. As of now, Bitcoin trades near $87,726, showing a 114-fold rise or 11,338% gain. In contrast, several inactive tokens on Bithumb far exceeded those returns. These assets were likely bought during early market cycles but later forgotten.
Bithumb noted that many of the inactive users likely joined during earlier bull runs and later disengaged. The crypto platform stated it would directly contact users and help them reclaim their funds, which have gone unnoticed for years.
Bithumb’s Recovery Campaign
Bithumb is running this campaign as part of its broader efforts to safeguard customer assets. This is not the first time the exchange has recovered lost or dormant holdings. During its 11th-anniversary campaign in 2025, about 36,000 users reclaimed digital assets worth nearly $50 million.
The company said that helping users retrieve their long-lost assets is a key customer care initiative. As part of this effort, Bithumb plans to send out recovery guidance and support to eligible account holders.
“Some customers may have forgotten they had accounts or lost access over the years,” a company spokesperson said. “Our goal is to assist in recovering those assets safely.”
Broader Context in the Crypto Space
The presence of over $200 million in dormant crypto reflects how retail investor activity has shifted over time. Many users entered during high-interest periods but later withdrew from active participation.
Dormant assets like these represent a pool of crypto that has remained off the market for years. If reclaimed and reintroduced, they may contribute to changes in liquidity and trading behavior.
The situation also shows the need for platforms to maintain communication with account holders over time. Bithumb said that all dormant asset recoveries are processed securely and with identity verification to ensure rightful claims.
The post Bithumb Flags $200M In Dormant Crypto Left in 2.6M Inactive Accounts appeared first on CoinCentral.
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