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Tim Draper-Linked Wallet Deposits 150.84 BTC to Major CEX, Facing ~$2.57M Loss

bitcoin news On-Chain Data

2026-04-18 06:16:24

BTC-0.36%

Gate News message, April 18 — A wallet linked to renowned venture capitalist Tim Draper deposited 150.84 BTC (worth approximately $11.62 million) to a major centralized exchange after holding the tokens for approximately one year, according to on-chain analyst Onchain Lens.

The transaction is estimated to result in a loss of around $2.57 million for the wallet holder.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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