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Billionaire Tim Draper-linked wallet reportedly moves 150.84 BTC worth $11.62M to CEX

Huo Xing Finance reported that Onchain Lens data on April 18 showed a wallet linked to billionaire investor Tim Draper transferring 150.84 BTC, valued at $11.62 million, to a centralized exchange. The destination is believed to be Coinbase. The bitcoin had been held for about a year, and the move was made at an estimated loss of $2.57 million. Draper is a well-known venture capitalist whose early bets include Tesla, Skype, Coinbase, Ledger, and Tezos.
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