Tim Draper said reports that he moved 1,000 BTC were false, after blockchain analysts linked a wallet possibly associated with him to a transfer worth about $61.82 million to Coinbase Prime, Coinbase’s institutional brokerage and custody platform. Draper said he has not moved any of his BTC holdings and reiterated his bullish forecast that Bitcoin could reach $250,000 within a year. Public records cited in reports say Draper bought about 29,656 BTC in the 2014 U.S. Marshals auction of seized Silk Road assets at roughly $632 per coin, for a total cost of about $18.7 million; one report said that stake is now worth about $1.9 billion. The episode highlights that wallet attribution based on on-chain activity can be informative but is not conclusive, and a transfer to Coinbase Prime alone does not confirm an intent to sell.