What does the Santa Strike do in Clash of Clans?

Per the new holiday update, Santa Strikes were introduced into the game. What do they do / how do they work?

The in-game information & the patch description on this is [intentionally] ambiguous. I haven't been able to find anyone to attack that had it. It looks like a trap, so is it hidden until a troop sets it off?

Solution 1:

I just triggered it in one of my attacks! It is [holiday] trap, hidden until triggered by one of your troops. It will proceed to pop open, pop red smoke, then Santa will carpet bomb the area with presents - which are bombs.

I was able to capture some screen shots below of my reply

Troops triggering the trap:

Trap popping open (didn't seem like any damage was done here):

Red smoke, followed by Santa flying above it:

Present Carpet Bomb!

[AoE] Explosions!

Not much left (but unsure of total damage in AoE): There is no damage to attacking troops. The "trap" just drops presents with 5k elixir each. I was attacked recently and the archer that triggered it didn't die. Santa just flew by and drop 5 presents with 5k elixir a piece.

If you are on the receiving end of the attack and your Santa Strike is triggered, I found that it will leave presents for you to open near that attack. I gained 5,000 elixor per present.

Solution 2:

Here is a video i did earlier where i set off one of these during a raid.

Solution 3:

It also leaves presents back for the user each present has 5000 or 50000 elixer when you click on the and it drops 5 presents or so. Pretty sure it's 5k each box but clan member said his was 50k we'll see