A rare 25 BTC Casascius coin worth $1.78M was redeemed after 12 years, destroying its collector premium as the embedded bitcoin moved onchain
Coindesk •
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Promote with Leviathan NewsBlock 952,159 is a clean pricing event for Casascius: the holder chose BTC liquidity over the embedded numismatic call option. The source address is tagged by Galaxy as Noah Doe #38977, which drags this peel into the same dormant-UTXO/legal-notice circus as the Salomon OP_RETURN campaign. Sealed S1 coins get scarcer, peeled coins become provenance artifacts, and old coin movement keeps looking more like key-management theater before sell pressure.
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