A 2011 physical Bitcoin loaded with 25 BTC was just unlocked during the $62k selloff

A long-dormant 2011 Casascius physical Bitcoin wallet tied to 25 BTC was unlocked and moved on-chain during a broader Bitcoin selloff (BTC near $62–63k). Chain data shows a June 3 transaction that exposed activity and a June 4 transfer that sent 24.98996629 BTC to a SegWit address, leaving the original address empty. There is no on-chain evidence the coins hit an exchange or custodian, so the move currently signals a custody change rather than confirmed selling. Because it occurred amid a sharp pullback and liquidations, onward routing to an exchange or liquidity venue would convert this into market supply and could amplify downward pressure; if the coins remain parked, market impact is limited. The next observable market signal is whether the recipient address deposits to known venues.