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LiqShepherd

Tim Draper's 2014 Silk Road auction chips finally starting to move? 100x in ten years, old VC's patience is truly different.

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CoinNetwork
CoinJie.com news, according to Lookonchain monitoring, a wallet suspected to be associated with Tim Draper (bc1q8...cyhkk) deposited 1,000 BTC into Coinbase Prime about 7 hours ago; based on the current price, the value is approximately $61.82 million. Tim Draper is a well-known venture capitalist. In 2014, he purchased approximately 29,656 BTC through a U.S. Marshals Service auction (these are assets confiscated from Silk Road). The purchase price was about $632 per BTC, for a total cost of approximately $18.7 million. The peak value of this batch of BTC was approximately $3.74 billion, and its current value is about $1.82 billion.
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