Another rare Casascius physical Bitcoin just got redeemed for 25 BTC after sitting stored for years. Current value is around 166K, pretty wild if you ask me.
This isn’t the first time either, remember when two Casascius coins with 2K BTC moved after 13 years? Crazy stuff.
Found the profile of Mike Caldwell in our community, he's the one behind these coins.
But let’s be real, just because they moved doesn’t mean the owner is selling. What do you guys think, is this a good sign for physical coins or just a random transfer?
+1 to that, definitely interesting.
Yeah, but also kinda risky, imo.
Pruфы на это?
Not saying it’s a fact, just pointing out the trend.
I feel like a lot of these coins are just going to keep getting redeemed and moved around.
True, but it’s also about the market. Not all owners are looking to sell.
Guess we’ll see how this plays out in the coming months.
Casascius Bitcoin Redemption Alert: 25 BTC Unlocked After Years
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