Bitcoin price remains below $80,000, with $521.2 million transferred anonymously.

According to a report by Whale, a massive transfer of 6,632 bitcoins, valued at approximately $521.2 million, occurred between two anonymous wallets. This transaction took place as the price of bitcoin was consolidating below $80,000, with the current price at $78,660, following a significant previous drop. Meanwhile, investor Tim Draper reiterated his bullish stance on bitcoin, describing his investment philosophy as funding "disruptors" who challenge industries, and cited the current custody of bitcoin by banks as an example of the transformative impact brought by bitcoin.