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Oof! $3.4 Billion in Ethereum ( $ETH ) just vanished! 😱 Pe

Monnie Brunt OkvK

Updated at: 7 hours ago

{"content":"Oof! $3.4 Billion in Ethereum ( $ETH ) just vanished! 😱 People are accidentally losing a TON of their digital money. We're talking 913,111 ETH gone due to mistakes or bad computer programs. That's plus 5.3 MILLION ETH burned on purpose! Total Lost: 6.2 MILLION $ETH ($23.4 Billion!) That's 5% of all $ETH out there, gone forever. It's like throwing the key to your safe into the ocean! 🌊 Why it happens: Buggy Programs: Some crypto apps had problems that locked up funds. (Like the old Parity Wallet or Akutars NFT fiasco). "Burn" Addresses: Sending ETH to special addresses where it's destroyed for good (like "0x0000...dead"). Quick Facts: Unlike Bitcoin's limited supply, Ethereum's supply can change. Recent updates (like EIP-1559 and The Merge) now burn some ETH, which can make it more rare. Lost ETH = More Rare = Potentially More Valuable (unless you're the one who lost it! 😬) 🚨 Don't Lose YOUR Crypto! 🚨 Double-check addresses! (Copy-paste is your friend). Be careful with new apps. Backup your secret "seed phrase." NEVER send to a burn address! Use wallets with safety features. The blockchain doesn't have an "undo" button. Be smart, be safe! 💼🔐🚀 #ETH #CryptoNews #CryptoMarket4T #BTCvsETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/22/bc6b012355b0a8358195a6f865e81239.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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