CoinJie.com news, citing Cointelegraph, reports that billionaire Tim Draper has denied recent on-chain rumors about transferring a large amount of Bitcoin, and stated that he has not used any BTC assets. He also reiterated his target for Bitcoin to reach $250,000 within a year. According to records, Tim Draper bought nearly 30,000 BTC at an auction in 2014 for around $18.7 million, when the average price was about $632; it is currently worth about $1.9 billion.

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CandlewickKid
· 4h ago
Bought coins in 2014 and held until now, this level of conviction is indeed not ordinary, but the target price, take it with a grain of salt.
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ReflectionsOnTheStreetAfterThe
· 6h ago
On-chain data says it was transferred, the person says it didn't move. Trust the chain or trust the person? For this question, I choose to watch the drama.
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GateUser-14cb5f72
· 6h ago
250k? Based on his position, if it really hits that, he'd become a billionaire overnight. No wonder he's shilling every day.
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GateUser-e62ee1b0
· 6h ago
Old Tim is still the same taste—he’s stubborn, even if he mouths off; with the $632 cost right there, I’d die-hard hang on too.
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