Early on, a user transferred 1 coin $BTC to themselves and ended up losing 9,000 bitcoins, worth about $740 million at today’s prices. These long-dormant coins, stranded on-chain and impossible to recover, effectively lock up part of the market’s circulating supply forever, reducing the long-term spot supply. When handling large assets in an on-chain wallet, even a small test transfer calls for carefully checking every character of the private key and the change mechanism.

#BTC #WalletSecurity