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Crypto Billionaire Changpeng Zhao Estimates 2-4 Million Bitcoin Gone Forever, Calls BTC a 'Deflationary Asset'

Aug 17, 2026 · 04:13 AM ET· updated 1h ago
Crypto Billionaire Changpeng Zhao Estimates 2-4 Million Bitcoin Gone Forever, Calls BTC a 'Deflationary Asset'

Binance founder Changpeng Zhao estimated on Saturday, August 15, that 10–20% of all Bitcoin that have already been mined are effectively gone forever.

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Why It Matters

A big crypto leader thinks some Bitcoin has been lost forever and can't be used anymore. This means there's less Bitcoin available to trade, which could make the Bitcoin that's left more scarce and valuable over time.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Tickers in Play
X:BTCUSD62,841.00
-451.50 (-0.71%)
X:BNBUSD602.38
-3.42 (-0.56%)
X:ZECUSD485.19
-7.74 (-1.57%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.