Based on Coinotag, nine Casascius coins were recently opened after years of dormancy, releasing a total of 9.5 BTC in denominations of 5 BTC, 1 BTC, and 0.5 BTC. The rapid redemption of these coins suggests ownership by a single individual with a history of large Bitcoin transactions. These activations occurred as Bitcoin traded at $109,670, highlighting ongoing interest in these collectible physical Bitcoin representations. Over 17,000 Casascius coins remain unopened, holding around 38,000 BTC valued at more than $4 billion.
Nine Casascius Coins Opened, Releasing 9.5 BTC Amid Bitcoin Recovery
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