Billionaire Tim Draper Dumps 150+ BTC — Is the Bottom Near? 📉

The market is buzzing today after on-chain data revealed a major move by venture capitalist Tim Draper.

The Move: A wallet linked to Draper just deposited 150.84 BTC (~$11.62M) into a centralized exchange.

The Shock Factor: He held these for over a year and reportedly took a $2.57M loss on this specific batch.

Viral Insight: When a "HODL" legend like Draper moves funds to an exchange at a loss, it often signals a "capitulation" phase. Historically, these moments precede major local bottoms.

Pro Tip: Watch the $75,000 support level. If we hold, this "dump" might just be the fuel for a massive short squeeze.

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