Billionaire investor Tim Draper has denied recent rumors about moving his Bitcoin. Earlier, blockchain analytics platform Lookonchain cited Arkham data saying that a wallet "possibly linked to Draper" transferred 1,000 BTC (worth approximately $62 million) to Coinbase Prime. Draper responded by stating he has not touched any of his Bitcoin and reiterated his expectation that Bitcoin will reach a price target of $250k within a year. Draper is well-known for purchasing about 30k Bitcoins related to Silk Road in a 2014 U.S. Marshals Service auction. (Cointelegraph)

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MirrorBallRolling
· 2h ago
Lookonchain's 'possible association' is indeed misleading, and on-chain analysis must also be cautious.
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TeaAndSlippage
· 2h ago
Coinbase Prime institutional inflows, maybe other institutions are accumulating.
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FloatingTeacupClub
· 2h ago
30k Silk Road bitcoins held until now, I respect that perseverance.
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