Tim Draper denies moving Bitcoin, reiterates $250,000 BTC prediction

Tim Draper denied claims that he moved 1,000 BTC to Coinbase Prime, saying he has not touched his Bitcoin and still expects BTC to reach $250,000 within a year. The article centers on a blockchain analytics attribution dispute and the market significance of large Bitcoin transfers, which can influence sentiment around whale activity. Draper’s denial reinforces a long-standing bullish Bitcoin narrative, though his $250,000 forecast has repeatedly missed earlier timelines. At the time of publication, Bitcoin traded around $62,530-$62,589, near a prior 2025 high of $126,080. The piece also notes that prediction markets are clustering around $65,000-$70,000 for Bitcoin in 2026, underscoring mixed near-term expectations versus Draper’s much more aggressive outlook.