Zut Alors! Dormant Bitcoin Coins Awaken Like a French Farce 🎭💰

Ah, mon Dieu! On Friday, as bitcoin stumbled beneath the $90,000 mark like a drunken marquis, two ancient Casascius coins-sleeping like lazy courtiers since 2011 and 2012-suddenly sprang to life! One thousand BTC here, another thousand there, totaling a staggering $89.4 million! SacrĂŠ bleu, what a spectacle!

Behold! The Casascius Coins Have Shed Their Holographic Nightgowns! 👗💸

Two colossal troves of BTC, relics from crypto’s infancy, moved faster than a fleeing valet caught stealing wine. Both were traced to physical Casascius coins-those shiny baubles crafted by Mike Caldwell, who, like a modern-day alchemist, turned brass and silver into digital gold. Each coin hid its private key beneath a hologram, like a secret love letter tucked in a corset.

These two coins, from Caldwell’s Series 1, each held 1,000 BTC. The first transaction (block 926566) spent coins from 2012, while the second (block 926567) revealed coins from 2011-older than some crypto influencers’ credibility! Observers, including Sani’s Timechainbot and Whale Alert, gasped like scandalized dowagers at a ball.

Image source: casasciustracker.com

The first 1,000 BTC landed in a P2SH address, while the second batch slithered into a P2WPKH wallet-fancy terms for “places richer than Versailles.” Back in 2012, the 1,000 BTC stash was worth a mere $12,350-peanuts compared to today’s $89.4 million! Mon ami, that’s a 724,695% gain! Even Molière couldn’t write a more absurd comedy!

As for the 2011 coins? On December 21, 2011, BTC was priced at $4.80-so the 1,000 BTC haul was worth $4,800, less than a nobleman’s wig collection. Last month, 2,443.25 BTC stirred from slumber, proving that old wallets, like aging actors, still crave the spotlight.

With this latest 2,000 BTC shuffle, December is serving more drama than a French salon. A 2010 coinbase reward even woke up, perhaps jealous of the attention. Though these coins aren’t headed for sale (yet), they’ve escaped dormancy like prisoners fleeing the Bastille!

FAQ ❓ (Or, “Questions Fit for a Foolish Marquis”)

  • What moved in these transactions? Two Casascius coins, totaling 2,000 BTC, awoke after a decade-long nap.
  • Why are Casascius coins special? They’re physical coins with sealed keys-like treasure chests for digital pirates!
  • How old were these wallets? Older than the concept of “hodling” (2011 and 2012).
  • Is this a sell-off? Non! The coins haven’t been sent to exchanges-yet. Patience, mes amis!

Read More

2025-12-06 18:59