Two long-dormant Bitcoin (BTC) wallets recently moved a total of 2,000 BTC worth approximately $180 million after more than 13 years.
The coins had remained dormant since 2011 and 2012, when Bitcoin traded for less than $15 compared with today’s price of $90,106.33—marking their first on-chain activity in 13 years and 49 days.
Timechain Index founder Sani shared the transfers on X.
Understanding Casascius crypto project
The BTC we're talking about belongs to wallets tied to the Casascius crypto project. Created by Utah-based entrepreneur Mike Caldwell beginning in 2011, the Casascius coins are physical collectibles containing embedded private keys.
Each physical coin, issued in denominations ranging from 1 to 1,000 BTC, had a public Bitcoin address. It contains a redeemable private key that is protected by a tamper-evident hologram
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Long-dormant wallets suddenly move millions in Bitcoin after 13 years
Anand Sinha
Tue, December 9, 2025 at 3:04 AM GMT+5:30 2 min read
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Two long-dormant Bitcoin (BTC) wallets recently moved a total of 2,000 BTC worth approximately $180 million after more than 13 years.
The coins had remained dormant since 2011 and 2012, when Bitcoin traded for less than $15 compared with today’s price of $90,106.33—marking their first on-chain activity in 13 years and 49 days.
Timechain Index founder Sani shared the transfers on X.
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