Over 11 million bitcoin sits in unidentified wallets, analysts say

More than 11 million bitcoin is held in wallets with no known owner, according to observers cited in the report. That figure suggests individual investors have been active in the market for an extended period, they said. However, the interpretation carries a caveat: unidentified wallets do not necessarily mean lost or inactive coins, and some may belong to institutions or exchanges.

What do you think happens to bitcoin that sits in wallets no one can identify?

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