According to Onchain Lens monitoring, the wallet associated with billionaire Tim Draper deposited 150.84 BTC (worth $11.62 million) into a CEX (possibly Coinbase) after holding it for one year, resulting in a loss of $2.57 million. Tim Draper is a well-known venture capitalist who made early investments in unicorn companies such as Tesla, Skype, Coinbase, Ledger, and Tezos.

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