Billionaire Tim Draper and longtime Bitcoin investor has denied transferring his Bitcoin, after blockchain analysts connected him with an extensive BTC transfer from Coinbase Prime.
“Haven’t touched my BTC,” Draper said to Cointelegraph Friday that he expects Bitcoin will reach $250,000.00 within a year.
Lookonchain, a blockchain analytics platform, released a statement on the same day. reported The wallet is Friday “possibly linked” Draper transferred Bitcoins worth $62 Million to Coinbase Prime. citing Arkham data
It highlights the importance of using blockchain analytics to track large cryptocurrency transfers, as well as the difficulty of confirming ownership of a wallet independently.
Draper purchased nearly 30,000 BTC during 2014.
Draper has been a prominent member of the cryptocurrency community for many years. He was one of Bitcoin’s first high-profile investors. won US Marshals Service Auction for Nearly 30,000 Bitcoin Seized by US Authorities from Silk Road Related Holdings in 2014.
Forbes reports that Draper is a Draper. paid The holdings are now valued at $1.9 billion, which is approximately $18.7 millions, or $632 per Bitcoin.
Arkham labels any wallet that is involved in the transfer. “Tim Draper?” AI powered by its AI entity prediction feature. This feature gives lower confidence attributions that are intended to give clues as to who may be the owner of wallet addresses.
Source: Arkham
The transaction history of the wallet shows that it has had several transactions with Coinbase Prime in the last year. This includes a 1000 Bitcoin. transfer Coinbase Prime will be available on July 9, 2025 when BTC is released. traded About $115.880 per coin.
Cointelegraph contacted Arkham to get a comment, but did not receive a reply by the time of publication.
Draper’s prediction of $250,000 Bitcoin was repeatedly delayed
Draper’s latest forecast of $250,000 Bitcoin adds to the series of previous predictions that missed timelines.
Since at least 2018 the investor has maintained the same price goal. expecting Bitcoin will reach this level in late 2022, or by early 2023. According to CoinGecko, Bitcoin has reached its highest price ever recorded on October 6, 2025 at $126,080. Bitcoin’s price was around $62,530 at the time of publication.
Source: Cointelegraph
Blockstream CEO Adam Back, who believes Bitcoin may eventually reach $500,000-$1 million, says that there is more upside to come. “closer than people think.”
Related: Bitcoin profit and loss ratio falls to 43-month low
BlackRock’s CEO Larry Fink was also named as a nominee for the prestigious Larry Fink Award. said Bitcoin may reach as much as $700,000, according to Bitcoin critic Peter Schiff. argued The asset may eventually fall to zero if it has no intrinsic value.
Polymarket’s “What price will Bitcoin hit in 2026?” Markets for prediction shows are traders pricing The most probable outcome is between $65,000 and $70,000 with the majority of bets concentrated around $68,000.
Magazine: The end of anonymity? AI could unmask crypto’s hidden identities
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Source: cointelegraph.com
