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Home Crypto Updates

Near 250 Casascius Bodily Bitcoins Had been Redeemed in 6 Months, $1.9B in BTC Stay Energetic – Featured Bitcoin Information

by Crypto News Bay
April 4, 2022
in Crypto Updates
Reading Time: 5 mins read
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Since September 18, 2021, near 250 Casascius bodily bitcoins had been redeemed over the past 198 days. On that day six months in the past, there have been 19,920 Casascius bodily bitcoins left energetic and immediately, there are roughly 19,676 left to peel.

19,676 Casascius Bodily Bitcoins Left to Peel

Over the last six months, roughly 244 Casascius bodily bitcoins had been redeemed for his or her digital worth. The Casascius bodily bitcoin assortment created by Mike Caldwell is without doubt one of the hottest bodily BTC collections. The uncommon cash are sometimes bought for greater than the digital face worth and immediately, there are 19,676 bodily cash left unredeemed or energetic, in accordance with casasciustracker.com stats.

Every bodily bitcoin has a special fraction of digital BTC, as some cash carry .5 in BTC worth whereas some maintain a single BTC. Caldwell additionally made gold bars with bitcoins loaded onto them like the favored 100 BTC gold bar. There are Casascius bodily bitcoins that maintain 25 BTC and even items that carry 500 to 1,000 BTC. As an illustration, on March 30, 2022, an “S1-COIN-25” that’s value 25 BTC was peeled and redeemed for the digital worth of $1.14 million.

Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active
Redeemed Casascius bodily bitcoins over time, in accordance with casasciustracker.com stats.

The S1-COIN-25 additionally held 25 bitcoin money (BCH) and 25 bitcoinsv (BSV), however these crypto property haven’t been spent by the Casascius bodily bitcoin proprietor. 5 days prior, an “S2-COIN-5” was peeled and redeemed for five BTC or $230K. That Casascius bodily bitcoin proprietor additionally saved the 5 BCH and the 5 BSV, because it has not been spent. Whereas there are 19,676 bodily cash from the Casascius assortment left energetic, 8,262 have been redeemed up to now.

42,516 Bitcoin Value $1.9 Billion Stay Loaded on Casascius Bodily Bitcoins, Unfunded Cash Promote for a Fairly Penny

Whereas there’s just a few hundred lower than 20K bodily cash left unpeeled immediately, the quantity doesn’t account for a way a lot BTC is left unredeemed. There are roughly 42,516 BTC (UTXOs) left unredeemed on the 19,676 Casascius cash left unpeeled. In response to immediately’s bitcoin (BTC) alternate charges, that’s $1.9 billion value of bitcoin.

Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active
Redeemed Casascius UTXOs over time, in accordance with casasciustracker.com stats.

Moreover, Casascius bodily bitcoins often promote for greater than the digital worth on secondary markets. Even unloaded cash, with the digital funds swept away, can promote for a reasonably penny today. As an illustration, an unloaded 25 BTC bodily bitcoin with the funds swept away is promoting for $21,000 on Ebay. The truth is, it’s arduous to discover a loaded Casascius bodily bitcoin and there’s a slew of unfunded cash on the secondary market promoting for collectible functions solely.

On September 18, 2021, there have been roughly 43,000 BTC left unspent loaded on 19,920 Casascius bodily bitcoins. With 42,516 BTC left unredeemed immediately, which means 484 BTC value $22.2 million has been redeemed over the past 198 days.

Tags on this story
100 BTC Bars, 1000 BTC Bars, 20000 Casascius Cash, Bitcoin, Bitcoin economic system, BTC, Casascius, Casascius Bars, Casascius Cash, Cash, Cryptocurrency, Digital Foreign money, Loaded Cash, Mike Caldwell, nostalgia, numismatic worth, Bodily Bitcoins, UTXO, utxos

What do you consider the truth that there at the moment are 19,676 Casascius bitcoins left energetic immediately with 42,516 bitcoin left unredeemed? Tell us what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising immediately.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any harm or loss precipitated or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.

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