A Bitcoin wallet created in 2016 transferred 1,260.77 BTC (worth over $100 million) to an unknown P2WPKH address at block height 965770. Meanwhile, in the first six days of September, nearly 75 Casascius physical bitcoins were redeemed, with a single-day peak of 40 coins on September 5. Casascius coins, made by Mike Caldwell from 2011 to 2013, involve peeling off holographic stickers to access private keys for digital BTC transfer.
Whale Transfer
A Bitcoin wallet created in 2016 moved 1,260.77 BTC at block height 965770, sending the funds to an unknown P2WPKH address. The wallet was created on July 9, 2016, when its holdings were worth approximately $819,500; today, the value exceeds $100 million.
Casascius Physical Bitcoin Redemption
In the first six days of September, nearly 75 Casascius physical bitcoins were redeemed. On September 3, 14 first-series Casascius coins were redeemed, followed by about 15 on September 4, and a single-day record of 40 on September 5. Casascius physical bitcoins, created by Mike Caldwell between 2011 and 2013, are made of brass, silver, and gold-plated materials, containing digital BTC. The term "redemption" refers to removing the coin's holographic sticker and using the private key to transfer the digital BTC.
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