South Korea’s second-largest cryptocurrency exchange, Bithumb, announced that it has detected a total of 291.6 billion won ( approximately $201.8 million USD ) in “sleeping” assets scattered across about 2.6 million user accounts. Notably, some accounts have been inactive for over 10 years.
This figure was recorded after Bithumb launched a campaign to review and recover accounts, targeting users who have not logged in or traded for at least one year. According to Bithumb, the largest inactive asset is valued at up to approximately $2.84 million USD.
The exchange stated it will proactively contact eligible account holders and support the identity verification and access recovery process. This move aims to protect user rights, increase transparency, and ensure that cryptocurrency assets are not forgotten over long periods.
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