Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active – Featured Bitcoin News

Since September 18, 2021, near 250 Casascius bodily bitcoins have 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 at present, 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 have been redeemed for his or her digital worth. The Casascius bodily bitcoin assortment created by Mike Caldwell is likely one of the hottest bodily BTC collections. The uncommon cash are sometimes offered for greater than the digital face worth and at present, there are 19,676 bodily cash left unredeemed or energetic, in keeping with 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 models that carry 500 to 1,000 BTC. For example, on March 30, 2022, an “S1-COIN-25” that’s price 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 keeping with 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 Price $1.9 Billion Stay Loaded on Casascius Bodily Bitcoins, Unfunded Cash Promote for a Fairly Penny

Whereas there’s a couple of hundred lower than 20K bodily cash left unpeeled at present, 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. Based on at present’s bitcoin (BTC) alternate charges, that’s $1.9 billion price 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 keeping with stats.

Moreover, Casascius bodily bitcoins normally promote for larger than the digital worth on secondary markets. Even unloaded cash, with the digital funds swept away, can promote for a fairly penny lately. For example, an unloaded 25 BTC bodily bitcoin with the funds swept away is promoting for $21,000 on Ebay. In truth, it’s laborious 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 at present, which means 484 BTC price $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 financial system, BTC, Casascius, Casascius Bars, Casascius Cash, Cash, Cryptocurrency, Digital Forex, Loaded Cash, Mike Caldwell, nostalgia, numismatic worth, Bodily Bitcoins, UTXO, utxos

What do you concentrate on the truth that there are actually 19,676 Casascius bitcoins left energetic at present with 42,516 bitcoin left unredeemed? Tell us what you concentrate on this topic within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist dwelling 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 purposes. Since September 2015, Redman has written greater than 5,000 articles for Information concerning the disruptive protocols rising at present.

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