2,000 Bitcoin (BTC) from Dormant Casascius Coins Moved After 13 Years: Market Impact

In a significant on-chain event, two physical Casascius coins collectively holding 2,000 Bitcoin (BTC) have been activated after 13 years of dormancy. The movement, tracked by blockchain analysts, involved coins from the 2011 series created by Mike Caldwell. This transaction has transferred a substantial $140 million worth of BTC to new wallets, sparking discussions about the motives of the long-term holder. Such movements from ancient wallets are closely monitored by the crypto community as potential signals of changing holder sentiment. The reactivation of these iconic physical bitcoins highlights the evolving landscape of Bitcoin storage and the behavior of early adopters.