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[Two Casascius Physical Coins Dormant for 13 Years Transfer 2,000 BTC] On December 7, a wallet address associated with Casascius physical bitcoins suddenly transferred 2,000 BTC, worth approximately $180 million, after being dormant for over 13 years. These BTC had not been moved since 2011 to 2012, when the price of Bitcoin was less than $15 per coin. Casascius physical coins were introduced in 2011 by American entrepreneur Mike Caldwell but ceased production in 2013 after FinCEN classified them as an 'unregistered money transmitter.' Currently, about 90,000 coins remain in circulation, and the reason for this transfer is unclear. Earlier this year, another user migrated 100 BTC to a hardware wallet due to technical issues.

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Today 2025-12-07
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