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Data: BTC self-hosted loss exceeds $1.5 billion, surpassing the exchange incident
PANews reported on January 16 that according to River’s research analysis, the losses caused by BTC’s poor self-managed governance have exceeded the exchange-related incidents, totaling about 1.6 million BTC (valued at over $1.5 billion), higher than the 1.2 million BTC (over $1.1 billion) losses caused by Mt. Gox Hacker and FTX bankruptcy. Research using a probability model to analyze wallet activities found that wallets that have not been used for a long period (more than 10 years) account for the majority of losses, while the probability of loss for short-term inactive wallets is lower.