Tim Draper's associated wallet deposited 1000 bitcoins into Coinbase Prime, worth $61.82 million

BlockBeats News, July 3rd, according to LookIntoChain monitoring, the wallet associated with Tim Draper, who allegedly bought BTC at a low cost of $632, deposited 1000 bitcoins into Coinbase Prime, totaling $61.82 million.

Tim Draper is a renowned venture capitalist who acquired approximately 29,656 bitcoins at a U.S. Marshals auction in 2014 from seized Silk Road assets. The price at the time was around $632 per bitcoin, totaling $18.7 million. These 29,656 bitcoins were worth $3.74 billion at the peak and are now valued at $1.82 billion.