CoinScoopBitcoin Whale Moves 1,260 BTC as Casascius Physical Coin Redemptions Surge
A Bitcoin wallet created in 2016 transferred 1,260.77 BTC, currently valued at over $100 million, to an unknown P2WPKH address at block height 965,770. The wallet, which held approximately $819,500 worth of BTC upon its creation on July 9, 2016, has seen significant appreciation. Additionally, nearly 75 Casascius physical Bitcoin coins were redeemed in the first six days of September. These physical coins, produced by Mike Caldwell between 2011 and 2013, contain digital BTC accessible by removing a holographic sticker to reveal the private key. Redemption a
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