---
title: "Ethereum ghost ledger: $23b gone, burned, or bugged—Coinbase exec breaks it down"
url: https://diffcoin.com/ethereum-ghost-ledger-23b-gone-burned-or-bugged-coinbase-exec-breaks-it-down/
description: "Coinbase's Conor Grogan revealed that at least 913,111 Ethereum worth $3.43 billion has been permanently lost due to user errors. Source link"
published: 2025-07-27
updated: 2025-07-27
author: "Mila"
site: "Diffcoin"
---

# Ethereum ghost ledger: $23b gone, burned, or bugged—Coinbase exec breaks it down

Coinbase’s Conor Grogan revealed that at least 913,111 Ethereum worth $3.43 billion has been permanently lost due to user errors. 
 
[Source link](https://crypto.news/ethereum-eth-lost-permanently-coinbase-exec-explains/)