Bithumb: Platform Holds Over $200 Million in Crypto Assets in Dormant Accounts, Plans to Notify Customers and Assist with Account Recovery

**Bithumb Uncovers $201.8M in Dormant Crypto Assets Across 2.6M Accounts** On January 2, South Korean crypto exchange Bithumb revealed over $20 million in customer assets across approximately 2.6 million accounts were dormant. The disclosure is part of the exchange’s dormant asset recovery push targeting users inactive for over a year (no logins or trades). Bithumb stated total balances in inactive accounts hit roughly 291.6 billion South Korean won (≈$201.8 million), with some tagged accounts dormant for more than a decade. The largest single dormant holding is ~$2.84 million, while the longest dormancy period clocks in at 4,380 days (nearly 12 years). Some inactive holdings have seen returns exceeding 61,000% (≈610x)—pointing to early crypto adopters who joined during the market’s first boom but never came back. The exchange plans to directly notify eligible customers and help recover their accounts, framing the move as part of broader customer protection efforts, including assisting users in reclaiming forgotten assets.