A Bitcoin whale that had been dormant for over a decade has suddenly awakened.



Two old wallets tied to Casascius physical bitcoins recently moved nearly 2,000 BTC in one go—at current prices, that’s roughly $180 million. These coins had been sitting untouched since 2011 and 2012. Back then, BTC was just a little over $10 each, and now it’s approaching $90,000—a staggering increase.

Casascius was a legendary project in its day, embedding private keys directly into physical coins, making it one of the earliest forms of cold storage. Unfortunately, it stopped production after FinCEN took notice in 2013. Now, with these old coins suddenly on the move, everyone is wondering what’s really happening behind the scenes. Did the original owner recover their keys, or did someone manage to crack something? The market is buzzing with speculation. In any case, this move has reminded many people of that old saying: Bitcoin never sleeps, whales do.
BTC1.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GreenCandleCollectorvip
· 14h ago
This wave of takeoff looks promising
View OriginalReply0
SatoshiHeirvip
· 14h ago
The era of the Divine Whale's return has arrived.
View OriginalReply0
FantasyGuardianvip
· 14h ago
More than one whale has awakened
View OriginalReply0
LayerHoppervip
· 15h ago
The big whale has finally made a move.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)