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

Jamie Redman by Jamie Redman
April 5, 2022
Reading Time: 6 mins read
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Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active – Featured Bitcoin News


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

Since September 18, 2021, near 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day 6 months back, there were 19,920 Casascius physical bitcoins left active and today, there are around 19,676 delegated peel.

19,676 Casascius Physical Bitcoins Left to Peel

During the last 6 months, around 244 Casascius physical bitcoins were redeemed for their digital worth. The Casascius physical bitcoin collection produced by Mike Caldwell is among the most popular physical BTC collections. The unusual coins are typically cost more than the digital stated value and today, there are 19,676 physical coins left unredeemed or active, according to casasciustracker.com statistics.

Each physical bitcoin has a various portion of digital BTC, as some coins bring .5 in BTC worth while some hold a single BTC. Caldwell likewise made gold bars with bitcoins packed onto them like the popular 100 BTC gold bar. There are Casascius physical bitcoins that hold 25 BTC and even systems that bring 500 to 1,000 BTC. For circumstances, on March 30, 2022, an “S1-COIN-25” that’s worth 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 physical bitcoins with time, according to casasciustracker.com statistics.

The S1-COIN-25 likewise held 25 bitcoin money (BCH) and 25 bitcoinsv (BSV), however those crypto properties have actually not been invested by the Casascius physical bitcoin owner. Five days prior, an “S2-COIN-5” was peeled and redeemed for 5 BTC or $230K. That Casascius physical bitcoin owner likewise conserved the 5 BCH and the 5 BSV, as it has actually not been invested. While there are 19,676 physical coins from the Casascius collection left active, 8,262 have actually been redeemed up until now.

42,516 Bitcoin Worth $1.9 Billion Remain Loaded on Casascius Physical Bitcoins, Unfunded Coins Sell for a Pretty Penny

While there’s a couple of hundred less than 20K physical coins left unpeeled today, the number does not represent just how much BTC is left unredeemed. There are around 42,516 BTC (UTXOs) left unredeemed on the 19,676 Casascius coins left unpeeled. According to today’s bitcoin (BTC) currency exchange rate, that’s $1.9 billion worth of bitcoin.

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

Furthermore, Casascius physical bitcoins typically cost greater than the digital worth on secondary markets. Even unloaded coins, with the digital funds swept away, can cost a quite cent nowadays. For circumstances, an unloaded 25 BTC physical bitcoin with the funds swept away is selling for $21,000 on Ebay. In truth, it is difficult to discover a packed Casascius physical bitcoin and there’s a multitude of unfunded coins on the secondary market costing collectible functions just.

On September 18, 2021, there were around 43,000 BTC left unspent packed on 19,920 Casascius physical bitcoins. With 42,516 BTC left unredeemed today, that suggests 484 BTC worth $22.2 million has actually been redeemed over the last 198 days.

Tags in this story
100 BTC Bars, 1000 BTC Bars, 20000 Casascius Coins, Bitcoin, Bitcoin economy, BTC, Casascius, Casascius Bars, Casascius Coins, Coins, Cryptocurrency, Digital Currency, Loaded Coins, Mike Caldwell, fond memories, numismatic worth, Physical Bitcoins, UTXO, utxos

What do you consider the truth that there are now 19,676 Casascius bitcoins left active today with 42,516 bitcoin left unredeemed? Let us understand what you consider this topic in the remarks area listed below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech reporter living in Florida. Redman has actually been an active member of the cryptocurrency neighborhood considering that 2011. He wants Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has actually composed more than 5,000 short articles for Bitcoin.com News about the disruptive procedures emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This short article is for informative functions just. It is not a direct deal or solicitation of a deal to purchase or offer, or a suggestion or recommendation of any items, services, or business. Bitcoin.com does not supply financial investment, tax, legal, or accounting guidance. Neither the business nor the author is accountable, straight or indirectly, for any damage or loss triggered or declared to be triggered by or in connection with making use of or dependence on any material, items or services pointed out in this short article.

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