Cryptocurrency Q&A
What is a dead wallet in crypto?
What is a dead wallet in crypto?
Giuseppe
Tue Dec 17 2024
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6 answers
1363
I've heard the term 'dead wallet' in the context of cryptocurrency and I'm wondering what it actually means. Is it a wallet that's no longer accessible or has some sort of restriction?
6 answers
SakuraFestival
Thu Dec 19 2024
A cryptocurrency wallet is considered dead when it remains inactive for an extended duration.
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Nicola
Thu Dec 19 2024
These wallets still contain crypto assets but haven't engaged in any transactions for many years.
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BlockchainBaron
Thu Dec 19 2024
The inactivity could stem from various reasons, one of which is the loss of wallet keys.
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Giulia
Thu Dec 19 2024
Another potential cause is when holders are investing for the long term and prefer not to interact with their wallets.
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PulseEclipse
Wed Dec 18 2024
Sometimes, the wallet owner might have passed away, leading to the wallet's inactivity.
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